Home Cable was a

cable television Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with bro ...

service in the

Philippines The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a tot ...

. It covered parts of

Metro Manila Metropolitan Manila ( ), commonly shortened to Metro Manila and formally the National Capital Region (NCR; ), is the capital region and largest List of metropolitan areas in the Philippines, metropolitan area of the Philippines. Located ...

from April 27, 1992, until its closure on June 30, 2005, when it was folded into Sky Cable's operations. Beyond Cable Holdings, a 50-50

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

firm owned by Benpres Holdings (now Lopez Holdings Corporation) and PLDT-backed media firm

MediaQuest Holdings MediaQuest Holdings, Inc. is a Philippine media company based in Mandaluyong. It is involved in radio and television broadcasting, as well as direct-to-home satellite services and print media. Though an affiliate of telecommunications comp ...

, was the parent company of Home Cable.

History

Sining Makulay, Inc.

The origins of Home Cable can be traced to Sining Makulay, Inc. (SMI), the first commercial cable television company in the Philippines which was granted an exclusive franchise in 1978 (under Presidential Decree No. 1512) and began its operations in 1979. SMI was owned by Roberto Benedicto, a businessman and a political crony of then- President

Ferdinand Marcos Ferdinand Emmanuel Edralin Marcos Sr. (September 11, 1917 – September 28, 1989) was a Filipino lawyer, politician, dictator, and Kleptocracy, kleptocrat who served as the tenth president of the Philippines from 1965 to 1986. He ruled the c ...

. In 1987, President

Corazon Aquino María Corazón "Cory" Sumulong Cojuangco-Aquino (; January 25, 1933 – August 1, 2009) was a Filipino politician who served as the 11th president of the Philippines and the first woman president in the country, from Presidency of Corazon ...

issued Executive Order No. 50 which ended the monopoly of SMI and the company ceased operations. In the 1990s, SMI was eventually bought by Unilink Communications Corporation.

Home Cable

After the acquisition by Unilink Communications Corporation, SMI resumed its cable operations as Home Cable and was officially launched on April 27, 1992, competing with Sky Cable.

, a newly established media investment firm of PLDT, acquired Home Cable in July 1999. On July 1, 2001, Sky Cable owner Benpres Holdings and MediaQuest entered into a master consolidation agreement to form the

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

Beyond Cable, Inc. with an enterprise value of

₱ The Philippine peso sign (₱) is the currency symbol used for the Philippine peso, the official currency of the Philippines. The symbol resembles a Latin script, Latin letter P with two horizontal strokes. It differs from the currency symbol u ...

14.5

billion Billion is a word for a large number, and it has two distinct definitions: * 1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of ...

to manage both operations of Sky Cable and Home Cable. On June 30, 2005, Home Cable ceased its operations. It was replaced by SkyCable Silver.

References

External links

www.home-cable.com
on the

Internet Archive The Internet Archive is an American 501(c)(3) organization, non-profit organization founded in 1996 by Brewster Kahle that runs a digital library website, archive.org. It provides free access to collections of digitized media including web ...

{{Cable and satellite television provider in the Philippines Cable television companies of the Philippines Mass media companies established in 1978 1978 establishments in the Philippines Philippine companies established in 1978 Mass media companies disestablished in 2005 2005 disestablishments in the Philippines Philippine companies disestablished in 2005

History

Sining Makulay, Inc.

Home Cable

References

See also

External links