ABS-CBN, PLDT cancel Sky Cable deal

ABS-CBN Corp. will no longer sell the broadband business and other related assets of subsidiary Sky Cable Corp. to PLDT Inc. after both parties mutually agreed to abort the P6.75-billion transaction. The now canceled sale transaction was signed in March last year. It secured regulatory approval from the Philippine Competition Commission last month. READ: PCC
Read The Rest at :

Topics: