ST Telemedia Invests in Philippines’ Largest Cable Company, Sky Cable
In May 2011, ST Telemedia completed its investment in Sky Cable Corporation (Sky Cable), Philippines’ largest cable company and leading broadband service provider. The transaction gives ST Telemedia approximately 40% economic interest in Sky Cable. Sky Cable offers a wide range of retail and business post-paid and pre-paid cable TV, voice, data and broadband services over its extensive cable network. It currently delivers the fastest residential broadband services in the Philippines.