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                    [Title] => ABS-CBN borrows $120M to pay debts, expand cable unit
                    [Summary] => ABS-CBN Broadcasting Corp. will raise $120 million through borrowing to pay off debts and fund cable operations of subsidiary Sky Vision Corp. 


In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN vice-president and chief financial officer Randolph Estrellado said the company "is in the process of negotiating with a syndicate of private banks to refinance existing debts and fund further investments in cable TV operations."


                    [DatePublished] => 2004-04-28 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 234368
                    [Title] => Home Cable returns GMA-7 to original channel assignment
                    [Summary] => Philippine Home Cable Holdings (Home Cable) has decided to return GMA-7 to channel 12 from channel 14 in its system today, Jan. 8.


In a letter to GMA network engineering group head Antonio Leduna, Home Cable vice president for engineering Michael Nestor Martir informed the Network of their decision to return GMA-7’s channel assignment effective 12:01a.m. of Jan. 8, 2004.


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                    [ArticleID] => 233654
                    [Title] => GMA-7 asks NTC to stop merger of Sky, Home Cable
                    [Summary] => GMA Network, Inc. has asked the National Telecommunications Commission (NTC) to stop the merger of Central CATV, Inc. (SkyCable) and Philippine Home Cable Holdings, Inc. (Home Cable), which could lead to a monopoly of the cable business in the country.
                    [DatePublished] => 2004-01-02 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 206739
                    [Title] => GMA Network asks NTC to cancel licenses of Sky, Sun, Home Cable
                    [Summary] => GMA Network, Inc. (GMA) has asked the National Telecommunications Commission (NTC) to suspend and eventually cancel the licenses of cable companies Central CATV (SkyCable), Inc., Pilipino Cable Corp. (Sun Cable) and Philippine Home Cable Holdings, Inc. (Home Cable).


In its motion filed last May 13, GMA alleged that despite an order from the NTC, the three cable TV stations still refuse to return complainant’s VHF station back to Channel 12 and its UHF station back to Channel 27.


                    [DatePublished] => 2003-05-19 00:00:00
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                    [ArticleID] => 205931
                    [Title] => Market leadership not the issue, says GMA Network
                    [Summary] => GMA Network, Inc. said yesterday that market leadership was not the issue in the complaint it has filed against ABS-CBN and three cable companies before the Quezon City Regional Trial Court on May 6 but was grounded on its unwavering stand against unfair competition. 


The company earlier filed a P12-million civil case for damages against ABS-CBN Broadcasting Corp., Central CATV Inc. (SkyCable), Philippine Home Cable Holdings, Inc. (Home Cable), and Pilipino Cable Corp.(Sun Cable). 


                    [DatePublished] => 2003-05-13 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 204955
                    [Title] => NTC asked to declare merger of 3 cable TV firms as unconstitutional
                    [Summary] => GMA Network Inc. has asked the National Telecommunications Commission (NTC) to declare as unlawful the recent merger of Sky Cable, Home Cable and Sun Cable as well as the ownership by certain telecommunications groups of these cable TV companies.


In an administrative complaint filed before the NTC, the country’s second largest broadcast company questioned the merger of Central CATV, Inc. (SkyCable), Philippine Home Cable Holdings, Inc. (Home Cable), and Pilipino Cable Corp. (Sun Cable), branding this as unconstitutional.


                    [DatePublished] => 2003-05-05 00:00:00
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PHILIPPINE HOME CABLE HOLDINGS

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                    [ArticleID] => 247942
                    [Title] => ABS-CBN borrows $120M to pay debts, expand cable unit
                    [Summary] => ABS-CBN Broadcasting Corp. will raise $120 million through borrowing to pay off debts and fund cable operations of subsidiary Sky Vision Corp. 


In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN vice-president and chief financial officer Randolph Estrellado said the company "is in the process of negotiating with a syndicate of private banks to refinance existing debts and fund further investments in cable TV operations."


                    [DatePublished] => 2004-04-28 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 234368
                    [Title] => Home Cable returns GMA-7 to original channel assignment
                    [Summary] => Philippine Home Cable Holdings (Home Cable) has decided to return GMA-7 to channel 12 from channel 14 in its system today, Jan. 8.


In a letter to GMA network engineering group head Antonio Leduna, Home Cable vice president for engineering Michael Nestor Martir informed the Network of their decision to return GMA-7’s channel assignment effective 12:01a.m. of Jan. 8, 2004.


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                    [Title] => GMA-7 asks NTC to stop merger of Sky, Home Cable
                    [Summary] => GMA Network, Inc. has asked the National Telecommunications Commission (NTC) to stop the merger of Central CATV, Inc. (SkyCable) and Philippine Home Cable Holdings, Inc. (Home Cable), which could lead to a monopoly of the cable business in the country.
                    [DatePublished] => 2004-01-02 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 206739
                    [Title] => GMA Network asks NTC to cancel licenses of Sky, Sun, Home Cable
                    [Summary] => GMA Network, Inc. (GMA) has asked the National Telecommunications Commission (NTC) to suspend and eventually cancel the licenses of cable companies Central CATV (SkyCable), Inc., Pilipino Cable Corp. (Sun Cable) and Philippine Home Cable Holdings, Inc. (Home Cable).


In its motion filed last May 13, GMA alleged that despite an order from the NTC, the three cable TV stations still refuse to return complainant’s VHF station back to Channel 12 and its UHF station back to Channel 27.


                    [DatePublished] => 2003-05-19 00:00:00
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                    [ArticleID] => 205931
                    [Title] => Market leadership not the issue, says GMA Network
                    [Summary] => GMA Network, Inc. said yesterday that market leadership was not the issue in the complaint it has filed against ABS-CBN and three cable companies before the Quezon City Regional Trial Court on May 6 but was grounded on its unwavering stand against unfair competition. 


The company earlier filed a P12-million civil case for damages against ABS-CBN Broadcasting Corp., Central CATV Inc. (SkyCable), Philippine Home Cable Holdings, Inc. (Home Cable), and Pilipino Cable Corp.(Sun Cable). 


                    [DatePublished] => 2003-05-13 00:00:00
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                    [ArticleID] => 204955
                    [Title] => NTC asked to declare merger of 3 cable TV firms as unconstitutional
                    [Summary] => GMA Network Inc. has asked the National Telecommunications Commission (NTC) to declare as unlawful the recent merger of Sky Cable, Home Cable and Sun Cable as well as the ownership by certain telecommunications groups of these cable TV companies.


In an administrative complaint filed before the NTC, the country’s second largest broadcast company questioned the merger of Central CATV, Inc. (SkyCable), Philippine Home Cable Holdings, Inc. (Home Cable), and Pilipino Cable Corp. (Sun Cable), branding this as unconstitutional.


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abtest

ABS-CBN borrows $120M to pay debts, expand cable unit

By Zinnia B. Dela Peña | April 28, 2004 - 12:00am

ABS-CBN Broadcasting Corp. will raise $120 million through borrowing to pay off debts and fund cable operations of subsidiary Sky Vision Corp. In a disclosure to the Philippine Stock Exchange (PSE), ABS-CBN vice-president...

Business

Home Cable returns GMA-7 to original channel assignment

January 8, 2004 - 12:00am

Philippine Home Cable Holdings (Home Cable) has decided to return GMA-7 to channel 12 from channel 14 in its system today, Jan. 8. In a letter to GMA network engineering group head Antonio Leduna, Home Cable vice...

Business

GMA-7 asks NTC to stop merger of Sky, Home Cable

January 2, 2004 - 12:00am

GMA Network, Inc. has asked the National Telecommunications Commission (NTC) to stop the merger of Central CATV, Inc. (SkyCable) and Philippine Home Cable Holdings, Inc. (Home Cable), which could lead to a monopoly...

Business

GMA Network asks NTC to cancel licenses of Sky, Sun, Home Cable

May 19, 2003 - 12:00am

GMA Network, Inc. (GMA) has asked the National Telecommunications Commission (NTC) to suspend and eventually cancel the licenses of cable companies Central CATV (SkyCable), Inc., Pilipino Cable Corp. (Sun Cable)...

Business

Market leadership not the issue, says GMA Network

May 13, 2003 - 12:00am

GMA Network, Inc. said yesterday that market leadership was not the issue in the complaint it has filed against ABS-CBN and three cable companies before the Quezon City Regional Trial Court on May 6 but was grounded...

Business

NTC asked to declare merger of 3 cable TV firms as unconstitutional

May 5, 2003 - 12:00am

GMA Network Inc. has asked the National Telecommunications Commission (NTC) to declare as unlawful the recent merger of Sky Cable, Home Cable and Sun Cable as well as the ownership by certain telecommunications groups...

Business