Amazing Grace is...
In 2019, Advanced Media Broadcasting System (AMBS) was granted a 25-year legislative franchise extension under Republic Act No. 11253 albeit without President Rodrigo Duterte's signature as the bill lapsed into law after 30 days of inaction. The Vera family and AMBS president Andrew Santiago sold AMBS to Planet Cable of real estate magnate and businessman-politician Manny Villar.
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