here in the Philippines, if you want to watch boxing fight for free, you should wait for few hours because terrestrial channels here filled the boxing fight with almost an hour of advertisement... but if you want to watch it live and free there are lot of internet sites where they stream the live boxing fight. there is also other option like watching it on cctv 5 (China Central Television 5). you can download sopcast (at download.com) software for p2p viewing.
if you download sopcast you can able to watch cctv 5 and also you can able to watch movie channel like star movies, axn(chinese movie channel but they usually air english movies).
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