Foxtel to reduce prices due to online competition

PAY-TV is about to get a whole lot cheaper, with FOXTEL set to reduce its prices from November.

The pay-TV operator will reportedly cut the price of its entry-level cable and satellite offering in half in order to compete with internet streaming services.

Existing customers are also set to receive a range of extra channels and content for free.


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Foxtel chief Richard Freudenstein made the announcement at the pay-TV industry’s annual convention in Sydney.

News.com.au reports he said many Australians feel Foxtel is too expensive.

“We are confident that these strategies will initiate a new era of growth,” he said.

“We want Foxtel to be part of the daily lives of millions more Australian households.”

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