Page 2 - Sky Cable News Today

ABS-CBN Corporation and PLDT have mutually decided not to proceed with the sale of Sky Cable to PLDT under the Sale and Purchase Agreement signed by and among the parties in March 2023. Following this development,

(UPDATE) PLDT Inc.s planned purchase of ABS-CBN Corp.s Sky Cable will no longer push through, both firms announced on Thursday.

ABS-CBN was supposed to sell Sky Cable to pay its loans to BPI and Unionbank

MANILA, Philippines: ABS-CBN Corp. and PLDT. Inc. announced on Thursday that the acquisition of Sky Cable by PLDT will not push through.

Manny Pangilinan's attempt to buy the Lopezes' Sky Cable fails for the third time

The Sky Cable sale to PLDT will no longer push through, ABS-CBN Corp. revealed. The supposed deal that would have PLDT, Inc. (Philippine Long Distance Telephone Company) buying Sky Cable Corporation is no longer happening, said ABS-CBN Corp.

As per the statements released on Thursday, both parties reached a mutual agreement on this decision.

The sale of ABS-CBN’s Sky Cable to PLDT Inc. has been canceled, the multimedia giant said Thursday, February 22, 2024.

Reactions to the 'corporate drama' between ABS-CBN and PLDT on its Sky Cable deal prompted a netizen to liken it to the recent break-up of actress Bea Alonzo and Dominic Roque

ABS-CBN Corporation and PLDT mutually agreed to terminate the sale of the former’s broadband and TV unit Sky Cable to the operator.