Cable providers Cignal and Sky Cable sealed a deal that will give the former a 38.8% or P2.86 billion stake in the latter. At present, Sky Cable has over 300,000 subscribers and nearly 350,000 broadband subscribers as of the end of June 2022.
Cignal’s investment will enable Sky Cable to expand its coverage, offerings, and services, as well as broadband reach.
“(The deal will enable the two cable companies) to support the government’s plan to prioritize the development of the country’s digital infrastructure, reaching a larger portion of the Filipino population and providing them with greater choices for their content and internet requirements,” the statement said.
TV5, Cignal digital TV box brings affordable viewing experience
Smart partners with Cignal to power remote areas with VSAT technology
Sky Cable is operating the Knowledge Channel, which provides…
