+ Follow SKY AND HOME Tag
SKY AND HOME
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[ArticleID] => 292310
[Title] => Sky, Home Cable to set up digital boxes by Oct
[Summary] => Central CATV, the common operator of dominant cable firms of Sky Cable and Home Cable, will introduce digital addressable set-top boxes starting October this year among its cable television subscribers, a move being resorted to in order to put a stop to signal piracy.
Highly-placed company officials told The STAR that they are now in talks with the foreign suppliers of these boxes which would not only eliminate illegal cable TV connections but also allow the company to introduce new services such as video-on-demand and pay per view.
[DatePublished] => 2005-08-19 00:00:00
[ColumnID] => 133272
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[SectionName] => Business
[SectionUrl] => business
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[1] => Array
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[ArticleID] => 279409
[Title] => Lopez Group to spend billions for cable TV boxes
[Summary] => The Lopez group will be investing billions of pesos to install addressable set-up boxes for free in the homes of all cable television subscribers of Sky Cable and Home Cable, a move that is expected to put to a halt to cable TV signal piracy and improve income streams through the introduction of more pay per view channels and an expected increase in the number of paying subscribers.
[DatePublished] => 2005-05-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
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[2] => Array
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[ArticleID] => 279017
[Title] => Sky, Home Cable to provide subscribers with digital boxes
[Summary] => SkyCable and Home Cable, the country’s two biggest cable television brands, will be introducing digital set-up boxes among its subscribers in phases, beginning late this year with those in high-end residential and commercial areas, instead of full blast due to the huge funding involved, company officials told The STAR.
[DatePublished] => 2005-05-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[3] => Array
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[ArticleID] => 258740
[Title] => Sky, Home earmark billions for upgrade
[Summary] => Leading cable television operators Sky Cable and Home Cable will spend billions of pesos to upgrade to digital technology before the end of the year, practically eliminating the rampant problem of signal piracy which has been crippling the cable TV industry for years.
Officials said the bulk of about $25 million from the $30-million loan both entities received recently from ABS-CBN Broadcasting Corp. will be used to acquire addressable set-up boxes (also called decoder boxes), which would prevent unauthorized signal taps in the cable system.
[DatePublished] => 2004-07-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[4] => Array
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[ArticleID] => 256163
[Title] => Sky, Home Cable sign P2.5-B restructuring deal with creditors
[Summary] => Creditors of Lopez-owned Sky Cable and PLDT’s Home Cable signed yesterday a debt restructuring agreement giving the cable operators seven years to pay for total debts of P2.5 billion.
The agreement came following the infusion by ABS-CBN Broadcasting Corp., sister company of Sky Vision and Central CATV, of $30 million into Beyond Cable, the holding company of Sky and Home. The new money will be in the form of a loan to Beyond, convertible into equity. Proceeds will be used to settle interest payments and to acquire new cable TV equipment.
[DatePublished] => 2004-07-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
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[5] => Array
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[ArticleID] => 254886
[Title] => NTC sets meet over AXN, Star contract issues with Destiny
[Summary] => The National Telecommunications Commission (NTC) is meeting with officials of Destiny Cable, AXN, and Star Group to thresh out the issues involving AXN and Star’s continued refusal to renew their respective contracts with Destiny and possibly come up with a mutually acceptable settlement.
Destiny is the country’s third largest cable TV operator next only to Sky Cable and Home Cable. The former has lost a significant share of its market to its major competitors following the pullout of AXN and Star Group.
[DatePublished] => 2004-06-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[6] => Array
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[ArticleID] => 254258
[Title] => Sky, Home Cable set to sign debt restructuring agreement
[Summary] => After a long wait and with new money in sight, Sky Cable and Home Cable are expected to sign by the end of the month a debt restructuring agreement with their creditors involving about P2.5 billion in combined debts.
Highly placed cable industry sources told The STAR that once the agreement is signed, ABS-CBN Broadcasting Corp. will invest $30 million in Beyond Cable, the holding company formed following the operational merger of the country’s two largest cable companies.
[DatePublished] => 2004-06-17 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[7] => Array
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[ArticleID] => 249095
[Title] => Sky, Home to ink restructuring deal for P2.5-B debt
[Summary] => Sky Cable and Home Cable are expected to sign next month an agreement with their creditors for the restructuring of about P2.5 billion in combined debts as soon as ABS-CBN Broadcasting Corp. pumps in $30 million in fresh capital - a condition precedent to the debt restructuring agreement, The STAR learned.
[DatePublished] => 2004-05-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[8] => Array
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[ArticleID] => 237786
[Title] => Sky, Home Cable creditors to sign P2.6-B debt pact
[Summary] => Creditors of Sky Cable and Home Cable have committed to sign middle of this month a debt restructuring agreement involving P2.6 billion in combined debts of the country’s two leading cable TV companies, The STAR learned.
The owners of Sky and Home are scheduled to infuse $30 million or about P1.7 billion in new money at the same time the loan restructuring agreement is being signed.
[DatePublished] => 2004-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
[SectionUrl] => business
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[9] => Array
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[ArticleID] => 230305
[Title] => Lopez-owned Sky Cable to acquire assets of Home Cable
[Summary] => Lopez-owned Sky Cable is set to acquire all the assets of Home Cable, the country’s second biggest cable TV company owned by the Philippine Long Distance Telephone Co. (PLDT), under a master consolidation agreement (MCA) that will be signed in the new few days, The STAR learned yesterday.
Sky Cable president Eugenio Lopez III told The STAR that the PLDT group will be paid in terms of shares in Sky Cable, the biggest CATV firm in the country in terms of market share and assets. The value of Home Cable’s assets was not disclosed.
[DatePublished] => 2003-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
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[SectionName] => Business
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