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Cignal Cable Corporation (Cignal Cable) on Wednesday, Aug. 11, entered into a Sale and Purchase Agreement with Sky Vision Corporation (Sky Vision), ABS-CBN Corporation (ABS-CBN), and Lopez, Inc. to acquire 38.88 percent of the total issued and outstanding capital stock of Sky Cable Corporation (Sky
Media magnate Manuel V. Pangilinan’s Cignal Cable Corp. has acquired a 38.88-percent stake in ABS-CBN’s SkyCable Corp. in a multibillion-peso deal seen to benefit 350,000 customers.
ABS-CBN Corp. stopped broadcasting on its TV and radio stations on May 5, 2020 after the National Telecommunications Commission issued a cease and desist order. The network's franchise had lapsed on May 4 without action by the House of Representatives.
Cignal Cable Corporation (“Cignal Cable”) today entered into a Sale and Purchase Agreement with Sky Vision Corporation (“Sky Vision”), ABS-C...