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Australian cable company Foxtel sees customers surge with price drop

Foxtel make its basic plans cheaper and reap the subscriber rewards - with 118,000 new customers added in recent months alone
By: Chris Smith | Business, Financial & Legal News | Posted: Feb 13, 2015 11:28 am

Thanks to the poor-quality internet provided within the island country of Australia - cable television is most certainly still a viable and very common service seen in many households. Foxtel have cheapened their plan pricing recently, seeing their 12-month contracts start at price of $25 AU per month.

 

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Their basic package options include a multitude of pay-TV channels like Lifestyle, Fox8, MTV, BBC UKTV, Arena, Sky News and Sky News Business, with further channels like Entertainment Plus, Sport and HD offerings adding between $10-$20 AU onto the monthly bill. We've been told by Gizmodo that Foxtel's premium services will still set you back a whopping $130 AU per month - further discovering that this surge in customers is due to their adjusted entry-level prices.

 

mUmbrella has just released figures showing that Foxtel has added a whopping 118,000 subscribers to their list since these changes have been made - providing them for a 2.9 percent growth in subscription revenue year-on-year.

 

We're still waiting for Netflix to launch in Australia - there's no saying how Foxtel will perform after this addition is made.

NEWS SOURCES:Gizmodo.com.au

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