#Sky Cable Destiny Cable Merger

Sky Cable has recently announced it is buying competing cable TV and internet provider Destiny Cable as well as Solid Broadband Company and UNI-Cable TV. This makes Sky Cable and even bigger and more dominant player in the cable TV market. Sky Cable currently has around half a million subscribers in the Philippines. All existing subscribers of Destiny Cable, SBC and Uni-Cable will continue using their existing subscriptions and channels as well as monthly fees. Sky Cable plans to roll out their service later on (probably once subs are up for their annual renewals). Destiny Cable is the 2nd largest direct-to-home cable TV provider. The entire deal is estimated to cost Sky Cable a whooping Php3 billion. SKYcable informed subscribers that it will discontinue several HBO channels starting 11:59 p.m. Read more in our articles including "Sky Cable buys Destiny Cable, SBC and UNI" and "SKYcable to discontinue HBO channels on November 30".