Dennis Uy's Udenna says ABS-CBN frequency acquisition rumors 'completely false'

ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2020/business/07/15/20190124-dennis-uy-mislatel-gc-9141.jpg?ext=.jpg"/><figcaption>Dennis Uy during a House hearing on Mislatel. ABS-CBN News</figcaption></figure></div>MANILA - Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations were &quot;unfounded and completely false.&quot;Udenna is consistent in stating that the company&#x27;s priorities &quot;do not include broadcasting,&quot; Udenna group spokesperson Raymond Zorilla said in a statement.&quot;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,&quot; Zorilla said.ABS-CBN&#x27;s free TV, and AM and FM radio operations were shutdown after the House Committee on Legislative Franchises voted to &quot;kill&quot; the network&#x27;s application for another 25-year franchise. Davao-based tycoon Dennis Uy, a known supporter of President Rodrigo Duterte, earlier said he was not interested in buying ABS-CBN.Uy&#x27;s Udenna Corp and Chelsea Logistics with China Telecom are part of the third telecommunications player Dito Telecommunity. <ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/07/10/20/house-committee-denies-abs-cbn-a-new-franchise">House committee denies ABS-CBN a new franchise </a></li>	<li><a href="https://news.abs-cbn.com/business/05/10/20/dennis-uy-says-not-interested-in-buying-abs-cbn">Dennis Uy says not interested in buying ABS-CBN</a></li></ul>

Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations wre "unfounded and completely false."

Udenna Corp said Wednesday the rumors circulating that it was interested in acquiring the frequencies of shuttered ABS-CBN broadcast operations wre "unfounded and completely false."

Dennis Uy's Udenna says ABS-CBN frequency acquisition rumors 'completely false' | ABS-CBN

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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

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