“It has come to our attention that there have been certain speculations going around on social media saying that the Udenna Group is associated with a reported broadcasting entity interested in acquiring the broadcast frequencies left behind by ABS-CBN. These are unfounded and completely false,” Udenna Group spokesman Raymond Zorilla said in a statement.
“We in Udenna have been consistent in stating that our priorities do not include
broadcasting,” Zorrilla added.
Other prominent names that were reported to be interested in ABS-CBN’s frequencies were the Iglesia ni Cristo and the Elizalde family’s Manila Broadcasting Corp.