MANILA — According to InterAksyon.com, ABS-CBN is planning to offer a satellite television service for the Philippines through its subsidiary SkyCable.
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In a submission to the National Telecommunications Commission (NTC), Sky Cable Corporation said it plans to spend P252 million for the rollout of direct broadcast satellite (DBS) service across 251 cities and municipalities.
Also known as "direct-to-home," DBS transmits signals to subscribers using satellite.
A unit of ABS-CBN Corporation, Sky Cable’s venture into satellite TV will pit it against three existing players, namely Cignal, Dream Satellite TV and GSat.
InterAksyon.com is the online news portal of TV5, which is a sister-company of Cignal.
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