PLDT confirmed its interest in Sky Cable in a disclosure to the Philippine Stock Exchange.
But ABS-CBN declared it has not yet made a decision to divest its interest in Sky Cable.
In a statement, PLDT said: “PLDT regularly explores opportunities available to the group that may complement our overall business strategy. As such, PLDT is evaluating options with respect to SkyCable for possible opportunities. However, there is nothing definite nor disclosable at this time.”
BILYONARYO was the first to report that the Lopezes were putting Sky Cable under the hammer.
Bilyonaryo was also the first to break Pangilinan’s “aggressive bid” to snatch Sky Cable from other interested bidders.