Hubbry Logo
search
logo
1922099

Sky Cable

logo
Community Hub0 Subscribers
Write something...
Be the first to start a discussion here.
Be the first to start a discussion here.
See all
Sky Cable

Sky Cable (stylized as SKYcable) is a cable television service of Sky Cable Corporation in the Philippines. It covers areas across the country with both digital and analog cable services, and it has 700,000 subscribers, controlling 45% of the cable TV market.

SkyCable started operating its community antenna television system in the Philippines on January 26, 1992, providing cable Internet, VoIP services and digital cable TV service.

On June 6, 1990, Sky Cable Corporation was incorporated as Central CATV, Inc.

On March 25, 1991, Sky Vision Corporation, a holding company incorporated with the primary purpose of buying and owning stocks of Central CATV, Inc. was founded. At that time, its ventures consisted of cable television (SkyCable and Sun Cable), communication, system, television media, shopping network (Sky Mall) and film distribution (Sky Jemah). It is owned 18.8% by ABS-CBN Corporation and 78% by Lopez Inc.

On March 30, 1995, Central CATV Inc. was granted a 28-year provisional franchise to establish, construct, maintain and operated community antenna television system in the Philippines through Republic Act 7969.

In 1997, Sky Vision Corporation acquired 47% of Pilipino Cable Corp., operator of Sun Cable for P900 million.

In 2001, Benpres Holdings Inc. and Philippine Long Distance Telephone Company signed a master consolidation agreement for SkyCable Corporation to consolidate its interest.

In July 2001, Unilink Communications Corp. operator of Home Cable, Philippines second largest cable TV company, merged its CATV operation to SkyCable and created Beyond Cable Inc. with an enterprise value of P14.5 billion. Beyond Cable Inc. controls 66.5% through Benpress Holdings Corp. and 33.5% through MediaQuest Holdings, Inc.

See all
User Avatar
No comments yet.