Benpres has interests in broadcasting, cable and telecommunications, making it the premier provider of converged communications services in the country. Content provided by ABS-CBN Broadcasting Corporation is carried to consumers through cable and telecom.

ABS-CBN Broadcasting Corporation–is in the business of producing world-class entertainment, news and information programs and in the continuous adoption of breakthrough technology to deliver these to its audiences not just in the Philippines, but globally. This content is distributed primarily in the Philippines through its flagship station in Mega Manila, ABS-CBN Channel 2. Backed by a regional network of 25 originating stations, 8 affiliates, and a collection of strategically-located relay stations across the archipelago, ABS-CBN’s nationwide reach is unmatched to this day. ABS-CBN also airs in free-to-air UHF on Studio 23 and operates the country’s leading radio network consisting of 3 AM band stations and 14 in the FM band.

ABS-CBN also provides news and entertainment programs for nine cable channels, targeting specific niche markets who prefer foreign entertainment programs, blockbuster Filipino movies, news and commentary, music, animè, and sports. ABS-CBN also owns SkyCable, the Philippines’ largest cable television service provider which has close to 500,000 upscale subscribers in Metro Manila and key urban areas nationwide.

Outside of the Philippines, ABS-CBN reaches an estimated 2 million Filipinos out of the more than 8 million Filipinos overseas, through ABS-CBN Global’s The Filipino Channel (TFC). TFC is available in the USA, Canada, the whole of Europe, Australia, the Middle East, Japan, and a host of other Asia-Pacific countries via cable TV, direct-to-home satellite, Internet Protocol Television (IPTV), and the Internet through TFCNow!

ABS-CBN’s in-house produced programs also reach foreign audiences through the distribution of ABS-CBN content to countries in Southeast Asia, Eastern Europe and Africa.

2008 Highlights

• Consolidated revenues increased by 12% to P22.31 billion
• Consolidated net income up by 9% to P1.39 billion
• ABS-CBN Global subscriptions grew by 28% year-on-year in US dollar terms

• Consolidated revenues increased by 11% to P24.85 billion
• Consolidated net income up by 23% to P1.702 billion
• ABS-CBN Global reached 2.16 million Filipino viewers

 In 2001, the Benpres Group signed a Master Consolidation Agreement (MCA) with the Philippine Long Distance Telephone Company or PLDT Group. The parties signed an Amendment Agreement in 2005, and a Memorandum of Agreement in 2008. Under said agreements, the economic interest of the PLDT Group in Home Cable and the Benpres Group's shares in Sky Vision would be consolidated into Sky Cable Corporation.

The move is expected to spur the development of the cable TV industry in the country, rationalize infrastructure development, lower programming costs and provide a wider range of programming choices for viewers. It will also make possible the introduction of new cable TV technology that will enable customers to enjoy richer content and a growing array of convergent services.

2008 Highlights

• EBITDA grew to P911 million from P874 million
• Consolidated net profit of P112 million
• Invested in “triple-play” service to offer the fastest residential broadband internet (SkyBroadband), the best priced international direct distance calling service (SkyVoice) and the clearest digital TV service (SkyCable) all in one package