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Netflix Tests Cheaper Mobile Only Plan in Malaysia

Netflix Tests Cheaper Mobile-Only Plan in Malaysia

By Reuters | Updated: 15 November 2018 09:43 IST

Netflix's mobile only plan is set for just MYR 17 ($4.05 or roughly Rs. 292) a month

Highlights

Netflix's mobile-only subscription is roughly half its current basic plan
It didn't reveal which other countries will get the new offering
There are 132,000 Netflix subscribers in Malaysia

Netflix is testing a mobile-only subscription plan in Malaysia priced at roughly half its current basic plan in the country, the global leader in video streaming said on Wednesday.

Netflix's mobile only plan costs just MYR 17 ($4.05 or roughly Rs. 292) a month, compared to its Basic plan which costs MYR 33 ($7.87 or roughly Rs. 568).

The company declined to give additional details about which countries it was testing in.

Chief Executive Reed Hastings on Friday quashed speculation that the streaming video company would cut prices for the hotly competitive India market but other officials have suggested it could trial cheaper plans in small markets.

"We are testing to understand consumer interest in a mobile-only plan in some countries," Netflix said in an emailed response to Reuters questions.

"Generally, we try out lots of new ideas at any given time, and they can vary in how long they last and who sees them. We may not ever roll out the features or elements included in a test."

Research firm Statista estimates that Netflix has 132,000 subscribers in Malaysia, making it one of the smallest markets for the streaming giant.

© Thomson Reuters 2018

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