TODAY'S HEADLINES

Black-sand mining deal eyed in Cagayan mayor's slay by NPA during flag rites 21-Apr-14, 12:13 PM | Jaime Sinapit, InterAksyon.com

Sen. Miriam asks Blue Ribbon panel: Summon Atty. Gigi Reyes to pork probe 21-Apr-14, 2:54 PM | Ernie Reyes, InterAksyon.com

Are PH banks ready for Asean? S&P shows 'the good, the bad and the ambivalent' 21-Apr-14, 9:07 AM | Maricel E. Burgonio, InterAksyon.com

NAIA officials asked: What happened to P1.16-billion budget for airport rehab? 21-Apr-14, 1:52 PM | Lira Dalangin-Fernandez, InterAksyon.com

Sky Cable blocks extension of rival's permit in Makati

InterAksyon.com
The online news portal of TV5

MANILA, Philippines – The cable TV company of the Lopez group is blocking a rival’s bid to operate in Makati City.

Sky Cable Corp. has asked the National Telecommunications Commission (NTC) to recall the provisional authority it issued to Cable Link & Holdings Corp.

Sky Cable said allowing Cable Link to operate in Makati would lead to a duplication of service.

In blocking Cable Link’s permit, Sky Cable cited Section 5 of Executive Order 436, which prohibits the grant of a permit should the new entrant cause “ruinous competition.”