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So long to Sky Cable

News is out that Sky Cable will sign off by month’s end, making it the second major broadcast carrier and communications conglomerate to write 30 in as many months, after CNN Philippines last January. PLDT’s purchase of the cable provider has finally been approved by the concerned agencies, so Sky pay TV will transition to Cignal while still retaining its broadband service......»»

Category: entertainmentSource:  philstarRelated NewsFeb 14th, 2024

Futuristic cable car cabins launched in Singapore

Exclusively designed for the Singapore Cable Car, the SkyOrb Cabin is said to be the world's first chrome-finished spherical cable car cabin......»»

Category: newsSource:  philstarRelated NewsApr 7th, 2024

Converge out to challenge Cignal, Sky Cable in pay TV

Pampanga-based tycoon Dennis Anthony Uy will infiltrate the pay TV segment soon to challenge the dominance of Cignal Cable Corp. and Sky Cable Corp......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Cable 99: Working constructively with attorneys

February 2024 marks the 25th anniversary of the State Department’s famous cable, 99 State 21138 (“Cable 99”)......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

Globe activates new submarine cable network

Globe Telecom Inc. has activated a new submarine cable segment of what is set to be the longest underwater cable in the Philippines......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Sky Cable to shut pay TV

Cable operator Sky Cable Corp. is ending its pay TV business toward the end of February, as it moves to become a dedicated connectivity provider as part of its merger with PLDT Inc......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Negros Occidental allots P2-M for energy development initiatives

Negros Occidental allots P2-M for energy development initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

PLDT: Disputes in final terms led to aborted Sky Cable buyout

Telco giant PLDT Inc. said it failed to agree with Sky Cable Corp. on the commercial terms of their P6.75-billion merger, leaving them no choice but to call off the deal abruptly......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

PLDT-Sky Cable merger unplugged

Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Converge and DITO team up to share select fiber optic cable infrastructure

Converge and Dito Telecommunity put out a joint press release yesterday to announce the signing of what they call a Master Facilities Provisioning Agreement (MFPA) for the sharing of select land-based and undersea fiber optic cable assets......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

Globe submarine cable segment

Globe submarine cable segment.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Sky-high debt a major factor in aborted cable TV merger

It was a ‘til debt do us part’ of sorts that caused the collapse of talks between telco giant PLDT Inc. and Sky Cable Corp.’s parent firm ABS-CBN, industry sources said......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

PLDT, ABS-CBN terminate Sky Cable sale

Sky Cable Corp., a subsidiary of ABS-CBN, will no longer be sold to the Manny V. Pangilinan-led PLDT Inc., both companies announced on Thursday. .....»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

PLDT’s acquisition of Sky Cable canceled

PLDT’s acquisition of Sky Cable canceled.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

With closure of Sky Cable, ANC offers paid subscription online in bid to stay afloat

The ABS-CBN News Channel pivots to paid subscription on YouTube as it stands to lose financial support arising from Sky Cable's closure.....»»

Category: newsSource:  rapplerRelated NewsFeb 21st, 2024

Converge, Dito agree to share cable assets

Connectivity firms Converge ICT Solutions Inc. and Dito Telecommunity Corp. have decided to work together and have signed an agreement to share their cable assets to expand their coverage and improve services......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024