While the multibillion-peso acquisition by the PLDT Inc. of the broadband business of Sky Cable Corp. has yet to be notified to the PCC, the anti-trust watchdog said it is “monitoring the developments surrounding the proposed transaction.”
While the multibillion-peso acquisition by the PLDT Inc. of the broadband business of Sky Cable Corp. has yet to be notified to the Philippine Competition Commission , the anti-trust watchdog said it is “monitoring the developments surrounding the proposed transaction.”
“The closing of the proposed transaction shall be subject to compliance with certain conditions precedent which include, among others, the termination or cessation of operations by Sky of its pay TV and cable businesses, obtaining all applicable government approvals and clearances, obtaining all required consents and corporate actions, and payment of the purchase price,” the PLDT disclosure read.
By merging their operations, PLDT and Sky will be able to “strengthen and expand” the coverage of their services, reach remote areas, and upgrade customer experience.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jonah Sabete leads late Petro pullaway over PLDT, moves to cusp of PVL finalsThe Petro Gazz Angels near their second straight finals appearance after a 2022 Reinforced Conference title win with a four-set semis triumph over the PLDT High Speed Hitters. PVL2023
Read more »
Mysterious streaks of light seen in the sky over CaliforniaMysterious streaks of light were seen in the sky in the Sacramento area Friday night, shocking St.
Read more »
LIVE UPDATES: PVL All-Filipino Conference semifinals – March 18The PVL All-Filipino semifinal series kicks off as No. 1 Creamline clashes with F2 Logistics, its lone elimination-round tormentor; while Petro Gazz battles PLDT in the other pairing. PVL2023
Read more »
LOOK: Nadine Lustre is a total bikini babeAside from being a multi-awarded actress, Nadine Alexis Paguia Lustre widely known as Nadine Lustre is one of the most followed and most talked-about celebrities on social media today. As of this writing, Nadine has more than six million followers on Facebook and 11.7 million followers on her Instagram account. On Instagram, she can be seen flaunting her stunning looks and natural curves while wearing her revealing swimsuits. Meanwhile, a lot of netizens know that Nadine is actor James Reid's ex-girlfriend. Check out some of her eye-catching bikini photos in this gallery.
Read more »
LIVE UPDATES: PVL All-Filipino Conference semifinals – March 18The PVL All-Filipino semifinal series kicks off as No. 1 Creamline clashes with F2 Logistics, its lone elimination-round tormentor; while Petro Gazz battles PLDT in the other pairing. PVL2023
Read more »
Jonah Sabete leads late Petro pullaway over PLDT, moves to cusp of PVL finalsThe Petro Gazz Angels near their second straight finals appearance after a 2022 Reinforced Conference title win with a four-set semis triumph over the PLDT High Speed Hitters. PVL2023
Read more »