Page 2 - Cable Inc News Today

A Quezon City court has denied the petition for preliminary injunction filed by a cable company against the cease and desist order issued by the National Telecommunications Commission.

SMC Global Power Holdings Corp. (SMCGP) will terminate its two power supply agreements (PSAs) with the Manila Electric Co. (Meralco) and sell the output of the two power plants in the spot market and to other interested offtakers. This move, it said on Thursday, will provide SMCGP “better financials” on…

The Makati Business Club (MBC) said it supports the efforts of the Department of Energy (DOE), Energy Regulatory Commission (ERC) and the National Transmission Corp. (TransCo) to attract investments in “much-needed” generating, transmission, and distribution capacity. MBC Chairman Edgar Chua said Energy Secretary Raphael Lotilla, ERC Chairperson Monalisa Dimalanta and…

Companies in industries with the biggest carbon footprints aren’t reporting how their emissions feed into financial risk, according to an analysis of corporate reports by the Carbon Tracker Initiative. The nonprofit, which looked at 134 financial statements from last year in sectors spanning fossil fuels, mining, manufacturing, automotive and technology,…

Conglomerate San Miguel Corp. (SMC) is expected to conduct a tender offer for the remaining shares of listed Eagle Cement Corp. (ECC). In its disclosure, San Miguel said it is required to conduct a mandatory tender offer for the shares of Eagle Cement held by its minority shareholders who hold…

Mobile-first social video app TikTok is targeting to gain a foothold in Asia Pacific’s “shoppertainment” industry, which is seen to reach more than $1 trillion by 2025, its top executive said on Thursday. Currently pegged at $500 billion in total gross sales of the e-commerce space, the company is bullish…

The Energy Regulatory Commission (ERC) has called the attention of 50 distribution utilities (DUs) that are not providing a breakdown of their generation charges. The agency said Thursday that its records showed only 91 or 65 percent of the 141 DUs in the country were able to comply with ERC…

Lorin G. Rustand, 43, Dickinson, died on Monday, September 26, 2022 at CHI St. Alexius Bismarck. Lorin’s Celebration of Life Service will be at 11 a.m., Thursday, October 6, 2022 at Ladbury Funeral Service, Dickinson with Pastor Scott McKirdy officiating. Inurnment will be with his father at the North Dakota Veterans Cemetery, Mandan. Visitation will be from 6 p.m. to 7 p.m. on Wednesday at Ladbury Funeral Service with a prayer service at 7 p.m.

In its Board Meeting held on October 3, 2022, the Board of Directors of PSE-listed NOW Corporation authorized the management to initiate negotiations with News and Entertainment Network Corporation (NEWSNET) to acquire equity ownership in NEWSNET, an interactive pay television and multimedia service

On Saturday, the Badlands Big Sticks teamed up with ABLE Inc. to host softball game for those with special needs.