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Pricing seems to be about 48 USD for setup and 31 USD per month for the service [1]. Is that correct? Edit: The currency, the naira, lost quite a bit of its va
by marco1 10y ago
Pricing seems to be about 48 USD for setup and 31 USD per month for the service [1]. Is that correct?
Edit: The currency, the naira, lost quite a bit of its value last June [2] when the central bank allowed for it to become (more) market-driven [3].
[1] http://wifi.com.ng/pricing/ http://wifi.com.ng/pricing/
[2] http://www.xe.com/currencycharts/?from=NGN&to=USD&view=1Y http://www.xe.com/currencycharts/?from=NGN&to=USD&view=1Y
[3] https://www.bloomberg.com/news/articles/2016-06-14/nigeria-central-bank-to-announce-new-currency-policy-wednesday https://www.bloomberg.com/news/articles/2016-06-14/nigeria-c...
- davidgerard 10y agoIs that cheap for the country, though?
- IfeanyiOkonkwo 10y agoAt the moment we're going after the middle to upper class and would roll out plans in a few weeks to meet the lower end of our spectrum.
- trome 10y agoAre you planning a prepaid hotspot model, or individual connections? I'd think the cost per Mbps from your upstream and the overall cost to backhaul each Mbps across your network would be the limiting factor for lowering your price point further.
- IfeanyiOkonkwo 10y agoSetup is about $100 and monthly subscription from $30.
- marco1 10y agoAccording to your pricing page, there's an offer for 50 USD instead of 100 USD of setup costs, though.
- sparkling 10y agoSounds quite expensive considering the average monthly household income in Nigeria is less than 280 USD.
- deleted 10y ago[deleted]
- vezycash 10y ago$280 is outdated. And too optimistic. Right now at N400 per dollar (it was 450 barely a month ago), $280 is 112,000 naira. Top earning high school teachers get N50k monthly. Entry level bankers get N70k. I know an accountant for a media house (Masters in finance) who earns N80 and works 10 hours per day for six days a week.