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Surprise twist: Sky Cable sale to PLDT aborted

By Inquirer - 9 months ago
MANILA,  Philippines  —Broadcaster ABS-CBN Corp. will now have to find a new funding source to extinguish debt as the P6.75-billion sale of the broadband business and related assets of its subsidiary Sky Cable Corp. to PLDT Inc. fell through. The termination of the deal —announced a month after the antitrust agency Philippine Competition Commission had

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