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 (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...

. It covered parts of

Metro Manila Metropolitan Manila (often shortened as Metro Manila; fil, Kalakhang Maynila), officially the National Capital Region (NCR; fil, link=no, Pambansang Punong Rehiyon), is the capital region, seat of government and one of three List of metrop ...

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, 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 A decree is a legal proclamation, usually issued by a head of state (such as the president of a republic or a monarch), according to certain procedures (usually established in a constitution). It has the force of law. The particular term used f ...

No. 1512) and began its operations in 1979. SMI was owned by

Roberto Benedicto Roberto Salas Benedicto (April 17, 1917 – May 15, 2000) was a Filipino lawyer, ambassador, diplomat, and banker historically most remembered as a crony of President Ferdinand Marcos. Benedicto owned Philippine Exchange Company, the '' Philippi ...

, 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 politician, lawyer, dictator, and kleptocrat who was the 10th president of the Philippines from 1965 to 1986. He ruled under martia ...

. In 1987, President

Corazon Aquino Maria Corazon "Cory" Sumulong Cojuangco-Aquino (; ; January 25, 1933 – August 1, 2009) was a Filipina politician who served as the 11th president of the Philippines from 1986 to 1992. She was the most prominent figure of the 1986 People ...

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. MediaQuest Holdings, 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 securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

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 Roman letter P with two horizontal strokes. It differs from the currency symbol used for the pe ...

14.5 billion 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 digital library with the stated mission of "universal access to all knowledge". It provides free public access to collections of digitized materials, including websites, software applications/games, music ...

{{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 Mass media companies disestablished in 2005 2005 disestablishments in the Philippines

History

Sining Makulay, Inc.

Home Cable

See also

References

External links