+ Follow BEYOND CABLE Tag
BEYOND CABLE
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[results] => Array
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[0] => Array
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[ArticleID] => 313213
[Title] => PLDT wants to buy back Home Cable from Lopezes
[Summary] => After failing in its bid to diversify into the direct-to-home (DTH) satellite television business, the Philippine Long Distance Telephone Co. (PLDT) is now attempting to buy back its cable TV business Home Cable which it earlier sold to the Lopez Group, STAR sources revealed.
The sources said PLDT chairman Manuel V. Pangilinan is trying to convince the Lopez group to allow him to regain control of Home Cable, PLDT’s cable TV company whose assets were earlier sold to Central CATV Inc. which owns and operates Sky Cable of the Lopez Group.
[DatePublished] => 2005-12-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
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[ArticleID] => 276753
[Title] => Animal house
[Summary] => It was more like a rumor that would make the rounds, and you’d get thumbs-up testimonials from all sort of people; and yet, one would wonder. A privately owned zoo in the middle of where? Montalban, Rizal? One that would be more appealing and attractive to kids and adults than the "blast-from-our-past" Manila Zoo? I’d hear the word Avalon, and wonder if some Arthurian legend had come to life, with wild animals replacing the knights and a wild-maned King of the Beasts replacing King Arthur.
[DatePublished] => 2005-05-08 00:00:00
[ColumnID] => 136215
[Focus] => 0
[AuthorID] => 1793639
[AuthorName] => WRY BREAD By Philip Cu-Unjieng
[SectionName] => Allure
[SectionUrl] => allure
[URL] =>
)
[2] => Array
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[ArticleID] => 262648
[Title] => SkyCable has no plans to hike subscription rates
[Summary] => Lopez-owned SkyCable said yesterday they have no plans of increasing subscription rates in addition to the five-percent hike thas was implemented last February.
SkyCable vice-president for programming Juno Henares Chuidian said that contrary to news reports (not in The STAR), the country’s largest cable television operator will not raise rates by 20 to 50 percent.
The cable operator implemented a five-percent increase in subscription fees in February this year to account for the new cable TV channel, Animax.
[DatePublished] => 2004-08-26 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
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[ArticleID] => 261459
[Title] => PSE steps up effort to convince big, profitable firms to go public
[Summary] => The Philippine Stock Exchange (PSE) and the government are intensifying efforts to convince big profitable companies to push through with their initial public offering (IPO) to boost investor confidence in the market.
The PSE said a number of companies have already signified their interest to list in the exchange due to the political stability ushered in by having a President with a full six-year term.
The government, for its part, is targeting companies that are required by law to list at the stockmarket.
[DatePublished] => 2004-08-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
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[ArticleID] => 260832
[Title] => ABS-CBN net income jumps 10% to P560M in first half
[Summary] => Media giant ABS-CBN Broadcasting Corp. reported a 10-percent growth in its first half net income to P560 million, driven by the continued strong performance of its international operations as well as lower interest expense.
ABS-CBN chief financial officer Randolph Estrellado said net sales and services grew 23 percent to P2.055 billion with ABS-CBN Global, its international arm, contributing bulk of total sales.
[DatePublished] => 2004-08-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
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[ArticleID] => 259102
[Title] => ABS-CBN to acquire Benpres’ 60% stake in Sky Cable
[Summary] => Lopez-controlled media giant ABS-CBN Broadcasting Corp. plans to acquire the more than 60-percent controlling stake of parent Benpres Holdings Corp. in Sky Cable, The STAR learned yesterday.
Highly placed sources from the Lopez group said that the acquisition by ABS-CBN of Sky Cable makes more sense because of the synergy between the two businesses. No decision has yet been reached as to how ABS-CBN will compensate Benpres for the purchase, but one option is a share-swap arrangement, a Lopez group official told The STAR.
[DatePublished] => 2004-07-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
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[ArticleID] => 258740
[Title] => Sky, Home earmark billions for upgrade
[Summary] => Leading cable television operators Sky Cable and Home Cable will spend billions of pesos to upgrade to digital technology before the end of the year, practically eliminating the rampant problem of signal piracy which has been crippling the cable TV industry for years.
Officials said the bulk of about $25 million from the $30-million loan both entities received recently from ABS-CBN Broadcasting Corp. will be used to acquire addressable set-up boxes (also called decoder boxes), which would prevent unauthorized signal taps in the cable system.
[DatePublished] => 2004-07-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
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[ArticleID] => 256163
[Title] => Sky, Home Cable sign P2.5-B restructuring deal with creditors
[Summary] => Creditors of Lopez-owned Sky Cable and PLDT’s Home Cable signed yesterday a debt restructuring agreement giving the cable operators seven years to pay for total debts of P2.5 billion.
The agreement came following the infusion by ABS-CBN Broadcasting Corp., sister company of Sky Vision and Central CATV, of $30 million into Beyond Cable, the holding company of Sky and Home. The new money will be in the form of a loan to Beyond, convertible into equity. Proceeds will be used to settle interest payments and to acquire new cable TV equipment.
[DatePublished] => 2004-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 254258
[Title] => Sky, Home Cable set to sign debt restructuring agreement
[Summary] => After a long wait and with new money in sight, Sky Cable and Home Cable are expected to sign by the end of the month a debt restructuring agreement with their creditors involving about P2.5 billion in combined debts.
Highly placed cable industry sources told The STAR that once the agreement is signed, ABS-CBN Broadcasting Corp. will invest $30 million in Beyond Cable, the holding company formed following the operational merger of the country’s two largest cable companies.
[DatePublished] => 2004-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 249095
[Title] => Sky, Home to ink restructuring deal for P2.5-B debt
[Summary] => Sky Cable and Home Cable are expected to sign next month an agreement with their creditors for the restructuring of about P2.5 billion in combined debts as soon as ABS-CBN Broadcasting Corp. pumps in $30 million in fresh capital - a condition precedent to the debt restructuring agreement, The STAR learned.
[DatePublished] => 2004-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 22, 2005 - 12:00am
August 26, 2004 - 12:00am
