Dennis Uy's Udenna says ABS-CBN frequency acquisition rumors 'completely false'
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Dennis Uy's Udenna says ABS-CBN frequency acquisition rumors 'completely false'
ABS-CBN News
Published Jul 15, 2020 04:05 PM PHT

MANILA - Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations were "unfounded and completely false."
MANILA - Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations were "unfounded and completely false."
Udenna is consistent in stating that the company's priorities "do not include broadcasting," Udenna group spokesperson Raymond Zorilla said in a statement.
Udenna is consistent in stating that the company's priorities "do not include broadcasting," Udenna group spokesperson Raymond Zorilla said in a statement.
"It has come to our attention that there have been certain speculations going around on social media saying that the Udenna Group is associated with a reported broadcasting entity interested in acquiring the broadcast frequencies left behind by ABS-CBN. These are unfounded and completely false," Zorilla said.
"It has come to our attention that there have been certain speculations going around on social media saying that the Udenna Group is associated with a reported broadcasting entity interested in acquiring the broadcast frequencies left behind by ABS-CBN. These are unfounded and completely false," Zorilla said.
ABS-CBN's free TV, and AM and FM radio operations were shutdown after the House Committee on Legislative Franchises voted to "kill" the network's application for another 25-year franchise.
ABS-CBN's free TV, and AM and FM radio operations were shutdown after the House Committee on Legislative Franchises voted to "kill" the network's application for another 25-year franchise.
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Davao-based tycoon Dennis Uy, a known supporter of President Rodrigo Duterte, earlier said he was not interested in buying ABS-CBN.
Davao-based tycoon Dennis Uy, a known supporter of President Rodrigo Duterte, earlier said he was not interested in buying ABS-CBN.
Uy's Udenna Corp and Chelsea Logistics with China Telecom are part of the third telecommunications player Dito Telecommunity.
Uy's Udenna Corp and Chelsea Logistics with China Telecom are part of the third telecommunications player Dito Telecommunity.
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franchise bid
House Committee on Legislative franchises
Dito Telecommunity
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