Cignal on a roll, TV5 trimming losses

Richmond Mercurio (The Philippine Star) – March 6, 2021 – 12:00am MANILA, Philippines — PLDT-backed Cignal TV continues on a roll following the demise of ABS-CBN’s Sky Direct mid-last year, while TV5 Network Inc. is gradually erasing losses incurred in previous years. PLDT chief Manuel V. Pangilinan said Cignal TV has done a very good job in terms of increasing its subscriber base, which is now at 3.4 million, cornering about 50 percent of the market. “Cignal had a very good year because unfortunately, Sky Direct was closed and there was significant migration of Sky Direct subscribers that wen…

Read More

HEDGE accordingly