urlscan.io logo urlscan.io
SecurityTrails logo

business.inquirer.net Open in urlscan Pro
2606:4700:10::6816:4658  Public Scan

Back to summary
URL: https://business.inquirer.net/443590/pldt-buys-stake-in-meralco-unit-continuing-expansion-mode
Submission: On December 07 via api from US — Scanned from US

Form analysis 3 forms found in the DOM

POST https://21b45012.sibforms.com/serve/MUIEAE9WrWiOTiFSz0M01qtJ8K11KTPfTBasN-zF7kR7wMTUTmVmaw0Z_2CD5F9-UNfN3e8T8jX5zFkNxcpWPXgrG9gxRxzgX_cnFr8L55g2uz7Hw8umAifCLa0xJNU-rF2H_do8t8iQ6_NwIOcoe1nrIG9KhsidjzV8kNz8v1EeQTXRYKWRZ5wg4gUWF1SMfPn80zlzfNu8JUdA

<form id="sib-form-nav" method="POST"
  action="https://21b45012.sibforms.com/serve/MUIEAE9WrWiOTiFSz0M01qtJ8K11KTPfTBasN-zF7kR7wMTUTmVmaw0Z_2CD5F9-UNfN3e8T8jX5zFkNxcpWPXgrG9gxRxzgX_cnFr8L55g2uz7Hw8umAifCLa0xJNU-rF2H_do8t8iQ6_NwIOcoe1nrIG9KhsidjzV8kNz8v1EeQTXRYKWRZ5wg4gUWF1SMfPn80zlzfNu8JUdA"
  data-type="subscription">
  <div>
    <div class="sib-form-block">
      <p class="headertext gttxth"></p>
    </div>
  </div>
  <div>
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" type="text" id="EMAIL" name="EMAIL" placeholder="Email Address" autocomplete="off" data-required="true" required="">
            <div class="sib-form-block">
              <div class="sib-text-form-block">
                <p class="footertext">By providing an email address. I agree to the <a href="https://services.inquirer.net/user-agreement/" target="_blank">Terms of Use</a> and acknowledge that I have read the
                  <a href="https://services.inquirer.net/privacy-policy/" target="_blank">Privacy Policy</a>.</p>
              </div>
            </div>
            <button class="sib-form-block__button sib-form-block__button-with-loader"
              style="font-size:16px; text-align:left; font-weight:700; font-family:&quot;Futura&quot;, sans-serif; color:#FFFFFF; background-color:#3E4857; border-radius:3px; border-width:0px;" form="sib-form-nav" id="nl-btn-nav" type="submit">
              <svg class="icon clickable__icon progress-indicator__icon sib-hide-loader-icon" viewBox="0 0 512 512">
                <path
                  d="M460.116 373.846l-20.823-12.022c-5.541-3.199-7.54-10.159-4.663-15.874 30.137-59.886 28.343-131.652-5.386-189.946-33.641-58.394-94.896-95.833-161.827-99.676C261.028 55.961 256 50.751 256 44.352V20.309c0-6.904 5.808-12.337 12.703-11.982 83.556 4.306 160.163 50.864 202.11 123.677 42.063 72.696 44.079 162.316 6.031 236.832-3.14 6.148-10.75 8.461-16.728 5.01z">
                </path>
              </svg>SUBMIT </button>
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" value="HOMEPAGE" id="CHANNEL" name="CHANNEL" autocomplete="off" placeholder="CHANNEL">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field country_get">
            <input class="input" maxlength="200" type="text" id="COUNTRY" name="COUNTRY" autocomplete="off" placeholder="COUNTRY">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="CATEGORY" name="CATEGORY" autocomplete="off" placeholder="CATEGORY" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="EMBED_URL" name="EMBED_URL" autocomplete="off" placeholder="EMBED_URL" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="NEWSLETTER_LOCATION" name="NEWSLETTER_LOCATION" value="BUSINESS NAVIGATION MENU" autocomplete="off" placeholder="NEWSLETTER_LOCATION">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="REFER_URL" name="REFER_URL" autocomplete="off" placeholder="REFER_URL" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="TAG" name="TAG" autocomplete="off" placeholder="TAG" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="USER_IP" name="USER_IP" autocomplete="off" placeholder="USER_IP" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div>
  </div>
  <div class="hidden_input">
    <div class="sib-form-block" style="text-align: left">
    </div>
  </div>
  <input type="text" name="email_address_check" value="" class="input--hidden">
  <input type="hidden" name="locale" value="en">
</form>

POST https://21b45012.sibforms.com/serve/MUIEAE9WrWiOTiFSz0M01qtJ8K11KTPfTBasN-zF7kR7wMTUTmVmaw0Z_2CD5F9-UNfN3e8T8jX5zFkNxcpWPXgrG9gxRxzgX_cnFr8L55g2uz7Hw8umAifCLa0xJNU-rF2H_do8t8iQ6_NwIOcoe1nrIG9KhsidjzV8kNz8v1EeQTXRYKWRZ5wg4gUWF1SMfPn80zlzfNu8JUdA

<form id="sib-form-bc" method="POST"
  action="https://21b45012.sibforms.com/serve/MUIEAE9WrWiOTiFSz0M01qtJ8K11KTPfTBasN-zF7kR7wMTUTmVmaw0Z_2CD5F9-UNfN3e8T8jX5zFkNxcpWPXgrG9gxRxzgX_cnFr8L55g2uz7Hw8umAifCLa0xJNU-rF2H_do8t8iQ6_NwIOcoe1nrIG9KhsidjzV8kNz8v1EeQTXRYKWRZ5wg4gUWF1SMfPn80zlzfNu8JUdA"
  data-type="subscription">
  <div>
    <div class="sib-form-block">
      <p class="headertext">Subscribe to our daily newsletter</p>
    </div>
  </div>
  <div>
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" type="text" id="EMAIL" name="EMAIL" placeholder="Email Address" autocomplete="off" data-required="true" required="" style="width:100% !important">
            <button class="sib-form-block__button sib-form-block__button-with-loader"
              style="font-size:16px; text-align:left; font-weight:700; font-family:&quot;Futura&quot;, sans-serif; color:#FFFFFF; background-color:#3E4857; border-radius:3px; border-width:0px;" form="sib-form-bc" type="submit">
              <svg class="icon clickable__icon progress-indicator__icon sib-hide-loader-icon" viewBox="0 0 512 512">
                <path
                  d="M460.116 373.846l-20.823-12.022c-5.541-3.199-7.54-10.159-4.663-15.874 30.137-59.886 28.343-131.652-5.386-189.946-33.641-58.394-94.896-95.833-161.827-99.676C261.028 55.961 256 50.751 256 44.352V20.309c0-6.904 5.808-12.337 12.703-11.982 83.556 4.306 160.163 50.864 202.11 123.677 42.063 72.696 44.079 162.316 6.031 236.832-3.14 6.148-10.75 8.461-16.728 5.01z">
                </path>
              </svg>SIGN ME UP </button>
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" value="BUSINESS" id="CHANNEL" name="CHANNEL" autocomplete="off" placeholder="CHANNEL">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field country_get">
            <input class="input" maxlength="200" type="text" id="COUNTRY" name="COUNTRY" autocomplete="off" placeholder="COUNTRY">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="CATEGORY" name="CATEGORY" autocomplete="off" placeholder="CATEGORY" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="EMBED_URL" name="EMBED_URL" autocomplete="off" placeholder="EMBED_URL" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="BUSINESS NEWSLETTER_LOCATION" name="NEWSLETTER_LOCATION" value="BELOW CONTENT ARTICLE" autocomplete="off" placeholder="NEWSLETTER_LOCATION">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="REFER_URL" name="REFER_URL" autocomplete="off" placeholder="REFER_URL" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="TAG" name="TAG" autocomplete="off" placeholder="TAG" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row">
          <div class="entry__field">
            <input class="input" maxlength="200" type="text" id="USER_IP" name="USER_IP" autocomplete="off" placeholder="USER_IP" value="">
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div>
    <div class="sib-form-block">
      <div class="sib-text-form-block">
        <p class="footertext">By providing an email address. I agree to the <a href="https://services.inquirer.net/user-agreement/" target="_blank">Terms of Use</a> and acknowledge that I have read the
          <a href="https://services.inquirer.net/privacy-policy/" target="_blank">Privacy Policy</a>.</p>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <div class="sib-form-block" style="text-align: left">
    </div>
  </div>
  <input type="text" name="email_address_check" value="" class="input--hidden">
  <input type="hidden" name="locale" value="en">
</form>

POST https://21b45012.sibforms.com/serve/MUIFAISbpb55VsxCIKrMOdNUP1HT_uU11BNbJMbfsgRGcHI0ZdF9WW9F2oZNuOJNsHCzGBzaXTvLE-WNIzrVBZvm2uBF8CJiFX5deGkCfseQuvDwWoaeYct423TozXrnznyEgSO2NTg2f4tUrvqEDV8Klo5vodVxxywmOht_OisplvkSj5T67ryNz8ixKw5ylVI-FiOJp-19gwH4

<form id="sib-form-sidebar" method="POST"
  action="https://21b45012.sibforms.com/serve/MUIFAISbpb55VsxCIKrMOdNUP1HT_uU11BNbJMbfsgRGcHI0ZdF9WW9F2oZNuOJNsHCzGBzaXTvLE-WNIzrVBZvm2uBF8CJiFX5deGkCfseQuvDwWoaeYct423TozXrnznyEgSO2NTg2f4tUrvqEDV8Klo5vodVxxywmOht_OisplvkSj5T67ryNz8ixKw5ylVI-FiOJp-19gwH4"
  data-type="subscription">
  <div>
    <div class="sib-form-block">
      <p class="headertext">Subscribe to our newsletter!</p>
    </div>
  </div>
  <div>
    <div class="sib-input sib-form-block">
      <div class="form__entry entry_block">
        <div class="form__label-row ">
          <div class="entry__field">
            <input style="width:100% !important" class="input" type="text" id="EMAIL" name="EMAIL" placeholder="Email Address" autocomplete="off" data-required="true" required="">
            <button class="sib-form-block__button sib-form-block__button-with-loader" form="sib-form-sidebar" type="submit">
              <svg class="icon clickable__icon progress-indicator__icon sib-hide-loader-icon" viewBox="0 0 512 512">
                <path
                  d="M460.116 373.846l-20.823-12.022c-5.541-3.199-7.54-10.159-4.663-15.874 30.137-59.886 28.343-131.652-5.386-189.946-33.641-58.394-94.896-95.833-161.827-99.676C261.028 55.961 256 50.751 256 44.352V20.309c0-6.904 5.808-12.337 12.703-11.982 83.556 4.306 160.163 50.864 202.11 123.677 42.063 72.696 44.079 162.316 6.031 236.832-3.14 6.148-10.75 8.461-16.728 5.01z">
                </path>
              </svg>SUBSCRIBE </button>
          </div>
        </div>
        <label class="entry__error entry__error--primary" style="font-size:16px; text-align:left; font-family:&quot;Helvetica&quot;, sans-serif; color:#661d1d; background-color:#ffeded; border-radius:3px; border-color:#ff4949;">
        </label>
      </div>
    </div>
  </div>
  <div class="hidden_input">
    <input class="input" maxlength="200" type="text" value="BUSINESS" id="CHANNEL" name="CHANNEL" autocomplete="off" placeholder="CHANNEL">
    <input class="input" maxlength="200" type="text" id="COUNTRY" name="COUNTRY" autocomplete="off" placeholder="COUNTRY">
    <input class="input" maxlength="200" type="text" id="CATEGORY" name="CATEGORY" autocomplete="off" placeholder="CATEGORY" value="Headlines">
    <input class="input" maxlength="200" type="text" id="EMBED_URL" name="EMBED_URL" value="https://business.inquirer.net/443590/pldt-buys-stake-in-meralco-unit-continuing-expansion-mode" autocomplete="off" placeholder="EMBED_URL">
    <input class="input" maxlength="200" type="text" id="NEWSLETTER_LOCATION" name="NEWSLETTER_LOCATION" value="BUSINESS ARTICLE SIDEBAR" autocomplete="off" placeholder="NEWSLETTER_LOCATION">
    <input class="input" maxlength="200" type="text" id="REFER_URL" name="REFER_URL" autocomplete="off" placeholder="REFER_URL" value="">
    <input class="input" maxlength="200" type="text" id="USER_IP" name="USER_IP" autocomplete="off" placeholder="USER_IP" value="">
    <input class="input" maxlength="200" type="text" id="TAG" name="TAG" autocomplete="off" placeholder="TAG" value="acquisition, Meralco, PLDT, Telecommunication">
    <input type="text" name="email_address_check" value="" class="input--hidden">
    <input type="hidden" name="locale" value="en">
  </div>
  <div>
    <div class="sib-form-block">
      <div class="sib-text-form-block">
        <p class="footertext">By providing an email address. I agree to the <a href="https://services.inquirer.net/user-agreement/" target="_blank">Terms of Use</a> and acknowledge that I have read the
          <a href="https://services.inquirer.net/privacy-policy/" target="_blank">Privacy Policy</a>.</p>
      </div>
    </div>
  </div>
  <input type="text" name="email_address_check" value="" class="input--hidden">
  <input type="hidden" name="locale" value="en">
</form>

Text Content

July 10, 2022


News
Global Nation
Business
Lifestyle
Entertainment
Technology
Sports
opinion
USA & Canada
bandera
CDN Digital
Pop
Preen
Noli Soli
Scout PH
Videos
F&B
Esports
Multisport
Mobility
Project Rebound
Advertise
FOLLOW US:

Subscribe to our daily newsletter
Your subscription could not be saved. Please try again.

Your subscription has been successful.


By providing an email address. I agree to the Terms of Use and acknowledge that
I have read the Privacy Policy.

SUBMIT











News
global nation
business
lifestyle
entertainment
technology
sports
opinion
PROPERTY
MOBILITY
JOB MARKET
STOCK EXCHANGE
PROPERTY GUIDE
COLUMNS
CLASSIFIEDS
PROJECT REBOUND


business / Headlines
Headlines

P2.12-B INVESTMENT IN RADIUS


PLDT BUYS STAKE IN MERALCO UNIT, CONTINUING EXPANSION MODE

By: Tyrone Jasper C. Piad - @inquirerdotnet
Philippine Daily Inquirer / 02:16 AM February 01, 2024



MANILA, Philippines  —After acquiring Sky Cable’s broadband business, PLDT Inc.
is making another investment by purchasing a 34.9-percent stake in a Manila
Electric Co. (Meralco)-owned telco for P2.12 billion, a move seen to further
expand the telecommunication giant’s footprint in the competitive industry.

The Pangilinan-led telco, in a disclosure on Wednesday, said its board of
directors had approved the subscription of 2.49 million shares in Radius for
P849.28 each. Both Meralco and PLDT are under the helm of tycoon Manuel
Pangilinan.

“By leveraging on the existing infrastructure and cobuilding in key areas, both
PLDT and Radius stand to gain cost efficiencies,” the listed company said.

Article continues after this advertisement


READ: Meralco’s RED Fiber downplays competition with PLDT


FEATURED STORIES
BUSINESS
Coins.ph & inDrive launch first blockchain powered fleet revolutionizing the
e-hailing industry
BUSINESS
Eggs came first, bounty followed: The Chengs’ journey
BUSINESS
Tiger Resort makes P5.24-B exit from Asiabest

Radius has a congressional franchise to construct, install, establish and
operate telecommunications services. Its fiber facilities span 150 enterprise
buildings, over 200 residential villages and more than 200 villages.



PLDT, on the other hand, has covered 17.31 million homes and laid out 1.1
million kilometers of fiber cable, based on latest data.

Article continues after this advertisement



Regina Capital Development Corp. head of sales Luis Limlingan said the impact of
the deal on PLDT’s customers would only be “minimal” given the smaller presence
of Radius.

Article continues after this advertisement



Nevertheless, he said the “acquisition would allow PLDT to capitalize on Radius’
current facilities and unlock synergies in network coverage.”

Article continues after this advertisement




The transaction is still subject to closing conditions, including completion of
due diligence review, procurement of necessary internal corporate and regulatory
approvals and execution of definitive agreements.

READ: PCC approves sale of Sky Cable broadband business to PLDT

Article continues after this advertisement


Prior to this, PLDT also bought Sky Cable’s broadband business and other related
assets for P6.75 billion. The deal is still being finalized but the ABS-CBN
Corp. unit has announced its transition to internet service provider as it
ceases cable operations.

The transaction, announced in March last year, involves the sale of all Sky
Cable’s 1.38 billion common shares. Each share is priced at P4.9043, which is
based on the agreed equity valuation of the Lopez company.

Your subscription could not be saved. Please try again.

Your subscription has been successful.


Subscribe to our daily newsletter

SIGN ME UP









By providing an email address. I agree to the Terms of Use and acknowledge that
I have read the Privacy Policy.



The completion of the transaction will result in a full consolidation of Sky in
PLDT’s financial statement.

READ NEXT
Cebu sticks with Razon’s Manila Water for supply
Farmers: PH lost P7.2B in 2023 due to undervalued rice imports

EDITORS' PICK
Trump going berserk, targets birthright, naturalized citizens
SOCIAL CLIMATE: The cost of earning
Manny Pacquiao elected to Boxing Hall of Fame
Negros Occidental village hit by ‘cocolisap’
2 top Albay politicians join forces vs Salceda
Marcos signs laws on student loans, evacuation centers
MOST READ
PH, 2 allies hold maritime exercise
Trump going berserk, targets birthright, naturalized citizens
Marcos signs laws on student loans, evacuation centers
House panel checking 677 recipients of VP Duterte secret funds

View comments


EDITORS' PICK MOST READ
newsinfo
Trump going berserk, targets birthright, naturalized citizens
opinion
SOCIAL CLIMATE: The cost of earning
sports
Manny Pacquiao elected to Boxing Hall of Fame
newsinfo
Negros Occidental village hit by ‘cocolisap’
newsinfo
2 top Albay politicians join forces vs Salceda
newsinfo
Marcos signs laws on student loans, evacuation centers
www
PH, 2 allies hold maritime exercise

newsinfo
Trump going berserk, targets birthright, naturalized citizens

newsinfo
Marcos signs laws on student loans, evacuation centers

newsinfo
House panel checking 677 recipients of VP Duterte secret funds

entertainment
Baring Maris Racal, Anthony Jennings’ private convos by ex-GF poses legal issues

newsinfo
2 top Albay politicians join forces vs Salceda



TAGS: acquisition, Meralco, PLDT, Telecommunication


Your subscription could not be saved. Please try again.

Your subscription has been successful.


Subscribe to our newsletter!

SUBSCRIBE


By providing an email address. I agree to the Terms of Use and acknowledge that
I have read the Privacy Policy.



DISCLAIMER: COMMENTS DO NOT REPRESENT THE VIEWS OF INQUIRER.NET. WE RESERVE THE
RIGHT TO EXCLUDE COMMENTS WHICH ARE INCONSISTENT WITH OUR EDITORIAL STANDARDS.
FULL DISCLAIMER




 * 
 * 
 * 
 * 





 * THE INQUIRER CHANNELS
   
   * News
   * Sports
   * Entertainment
   * Lifestyle
   * Technology
   * Business
   * Opinion
   * Global Nation
   * USA NEWS

 * SERVICES
   
   * Mobile
   * RSS
   * Email Us
   * Archive
   * Contact Us
   * Newsletter
   * Job Openings

 * THE INQUIRER COMPANY
   
   * About INQUIRER.net
   * About the INQUIRER
   * User Agreement
   * Link Policy
   * Privacy Policy
   * Article Index

 * PARTNERS
   
   * Libre
   * Hinge Inquirer
   * Bandera
   * Cebu Daily News
   * DZIQ990 AM
   * Motion Cars
   



© COPYRIGHT 1997-2024 INQUIRER.NET | ALL RIGHTS RESERVED

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use
of cookies. Learn more here.

I Agree