Trisha Shetty (Editor)

Global Cable

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Industry
  
Telecommunications

Website
  
Home Page

Type of business
  
Cable TV operator

Products
  
Cable TV

Founded
  
February 1993

Headquarters
  
Metro Manila, Philippines

Owner
  
First Global Conglomerates

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Global Cable is a cable company in the Philippines.

Contents

History

On February 3, 1993, Global Cable Inc. was given a provisional authority to provide cable television services. The National Telecommunications Commission granted Global Cable Inc a certificate authority to construct, install, maintain and operate a Cable Antenna Television (CATV) System in San Pedro, Laguna on May 1993. Consequently, Global Cable Inc. was also allowed operate and maintain a CATV system in the municipality of San Juan and in the cities of Mandaluyong, Makati, Pasay, Manila, Marikina, ParaƱaque Pasig and Muntinlupa.

Merger with Global Cable

On November 17, 2000, however, Global Cable, Inc. (GCI) and Destiny Cable, Inc. (DCI) announced that both companies had entered an agreement on merging the television operations of the two companies, of which operates the cable providers; Global Cable and Destiny Cable.

In November 2000 Destiny Cable formed a partnership with Global Cable to further strengthen and systematize its cable television ventures. However, it was only on February 1, 2001 that the corporate name was changed to Global Destiny Cable.

Global Destiny Cable is perceived to be the closest competitor of SkyCable the Philippines' largest cable TV company in Metro Manila. Both have their own associates all over the country and both offer high-speed cable Internet service to its respective subscribers.

Sale to SkyCable

On May 2, 2012, Sky Cable Corporation eventually acquired the assets of Global Destiny Cable through its parent, Destiny Cable, Inc. at the cost of P3.5 billion in order to improve services to customers of Destiny Cable, UniCable and MyDestiny broadband Internet.

References

Global Cable Wikipedia


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