Sky Cable Eyes Bigger Market With Acquisitions

Philippine media conglomerate ABS-CBN Corporation announced that its subsidiary Sky Cable has agreed to acquire cable TV and broadband assets from Destiny Cable, Solid Broadband Corporation and Uni-Cable TV. The acquisitions will help Sky Cable achieve greater economies of scale due to wider network coverage and increased subscriber base, thereby consolidating its position of one of the major players in the pay-TV industry.

To read the full article, please choose one of the following options: