PLDT enters agreement to acquire broadband provider
Philippines-based operator PLDT agreed to acquire cable TV and broadband provider Sky Cable, in a move to bolster the operator’s broadband offering.
Source: developingtelecoms.com
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Stock Commentary: ABS-CBN and TV5 kill deal after political push-back
With this deal dead, ABS is running out of options.
Source: philstar.com
ABS-CBN, PLDT terminate landmark investment deals
After being publicly questioned by lawmakers and the telco regulator, media conglomerates ABS-CBN Corp. and PLDT Inc. have decided to end their investment deals that supposedly amounted to billions of pesos. The deals that have been terminated involve the following: the acquisition by ABS-CBN of 34.99 percent of total voting…
Source: businessmirror.com.ph
ABS-CBN, TV5 forced to terminate investment deals
ABS-CBN Corporation and the MVP Group’s TV5 Network Inc. have been forced to terminate their investment agreement, including the deal involving their cable TV units, following moves by legislators and various regulators to block it. In a disclosure to the Philippine Stock Exchange, ABS-CBN and TV5
Source: mb.com.ph
ABS-CBN, TV5 terminate investment agreement
ABS-CBN, TV5 terminate investment agreement
Source: sunstar.com.ph