PCC approves sale of Sky Cable broadband business to PLDT

MANILA  —The P6.75-billion sale of Sky Cable Corp.’s broadband business and related assets to PLDT Inc. has hurdled the competition review, bringing the transaction closer to conclusion. ABS-CBN Corp., the majority owner of the broadband company, said on Monday the Philippine Competition Commission (PCC) had approved the major sale and purchase deal. READ: PLDT buying
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