MANILA, Philippines — Telco giant PLDT Inc. will no longer pursue its P6.75-billion buyout of Sky Cable Corp., marking the second time a deal between the two was called off. PLDT and ABS-CBN Corp.

PLDT [TEL 1298.00, up 0.8%] and ABS-CBN [ABS 4.17, down 3.0%] [link] “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the ...

The supposed deal that would have PLDT, Inc. (Philippine Long Distance Telephone Company) buying Sky Cable Corporation is no longer happening, said ABS-CBN Corp. In this deal, Sky Cable, a known cable ...

PLDT Inc. and ABS-CBN Corp. said on Thursday that their multibillion-peso transaction pertaining to the sale of Sky Cable to PLDT will not proceed as planned. Almost a year after it was announced, the ...

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.

Multimedia conglomerate ABS-CBN Corp.’s sale of Sky Cable to Pangilinan-led PLDT Inc. is no longer pushing through. In separate disclosures to the Philippine Stock Exchange on Thursday, ABS-CBN and ...

ABS-CBN, once The Philippines largest broadcast group, said Thursday that it would sell its internet and broadband division Sky Cable to PLDT, the country’s biggest telecoms company. The transaction ...

Reactions to the 'corporate drama' between ABS-CBN and PLDT on its Sky Cable deal prompted a netizen to liken it to the recent break-up of actress Bea Alonzo and Dominic Roque MANILA, Philippines – ...

So, why again did the proposed PLDT takeover of the Lopez family’s SkyCable Corp. implode? SkyCable, via majority owner media giant ABS-CBN Corp., provided more details on Monday. Specifically on the ...

On August 24, 2025, the Konektadong Pinoy Bill was made into law. The law is meant to eliminate the roadblocks that prevent competition from entering the Philippine telco market. The Konektadong Pinoy ...

ABS-CBN Corp. and PLDT Inc. announced on Thursday a decision to halt the sale of Sky Cable to the Pangilinan-led telecommunications company. “Following this development, Sky Cable is pleased to ...