Sky Cable

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Tuesday, 24 June 2025
16 May 2025
6:21PM

Stars align for Sky Cable: Firm restructures over P4B in loans, cuts losses after Converge ICT deal

Sky Cable, controlled by the Lopez family’s ABS-CBN Corp., has successfully restructured over P4 billion in bank loans, giving the company breathing room by easing payment terms and avoiding a possible cash crunch.
20 Jun 2024
12:17PM

ABS-CBN still bleeding heavily but CEO hoping for positive cash flow by year-end

ABS-CBN president Carlo Katigbak expressed optimism about the company's financial turnaround, saying the firm is aiming to achieve positive cash flow by the end of 2024.
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