MANILA, Philippines – Telecommunications giant PLDT Inc. has entered into an agreement to buy the broadband business of Sky Cable Corp. from the Lopez group for P6.75 billion, in keeping with the Manuel V. Pangilinan-led company's mission to expand the country's broadband connectivity. In a statement on Thursday, PLDT Inc. announced its proposed acquisition of the Sky Cable Corp.'s broadband business and its related assets as the telco giant gears up to aggressively expand its network amid the increasing connectivity needs due to digitalization.

https://business.inquirer.net/391413/pldt-buys-lopezs-sky-cable-broadband-business-for-p6-75b

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