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Asian Vision
Asian Vision Cable Holdings, Inc. (Asian Vision) is a telecommunications company in the Philippines. Founded in 1972 by Ramon "Jun" Magsaysay Jr., it was the second commercial cable television service in the country as Colorview CATV in Zambales. Asian Vision has a number of subscribers covering areas in Zambales, Batangas and Quezon, offering cable television and broadband internet services. History After the cable television industry in the Philippines began in 1969 with the founding of Nuvue Cablevision (founded by American expatriate Russel Swartley) in Baguio, businessman Ramon "Jun" Magsaysay Jr. (son of the late President Ramon Magsaysay) followed the footsteps of Swartley's legacy. After spending his 4-year tenure as Congressman representing the lone district of Zambales and returning to work in the private sector, he founded Colorview CATV in Olongapo, Zambales. In 1977, Magsaysay expanded his cable business into the Southern Tagalog Southern Tagalog ( fil, ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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