MANILA -- Shares in ABS-CBN, the Philippines' largest broadcaster and a target for President Rodrigo Duterte, slipped on Wednesday at the prospect of further turmoil after it was ordered by the government to shut down more services.
The state television and telecom regulator issued two notices on Tuesday ordering the immediate "cease and desist" of ABS-CBN's digital TV service in metropolitan Manila, as well as direct broadcast satellite services by the group's majority-owned Sky Cable unit.