On June 6, 1990, Sky Cable Corporation was incorporated as Central CATV, Inc. On March 25, 1991, Sky Vision Corporation, a holding company incorporated with the primary purpose of buying and owning stocks of Central CATV, Inc. was founded. At that time, its ventures consisted of cable television (SkyCable and Sun Cable), communication, system, television media, shopping network (Sky Mall) and film distribution (Sky Jemah). It is owned 18.8% by
ABS-CBN Corporation and 78% by Lopez Inc. SkyCable started operating its community antenna television system in the Philippines on January 26, 1992, providing cable Internet, VoIP services and digital cable TV service. On March 30, 1995, Central CATV Inc. was granted a 28-year provisional franchise to establish, construct, maintain and operated community antenna television system in the Philippines through Republic Act 7969. In 1997, Sky Vision Corporation acquired 47% of Pilipino Cable Corp., operator of Sun Cable for P900 million. In 2001, Benpres Holdings Inc. and
Philippine Long Distance Telephone Company signed a master consolidation agreement for SkyCable Corporation to consolidate its interest. In July 2001,
Unilink Communications Corp. operator of
Home Cable, Philippines second largest cable TV company, merged its CATV operation with SkyCable and created Beyond Cable Inc. with an
enterprise value of P14.5 billion. Beyond Cable Inc. controls 66.5% through Benpress Holdings Corp. and 33.5% through
MediaQuest Holdings, Inc. On December 7, 2001, Beyond Cable Holdings Inc. was incorporated. On May 11, 2012, SkyCable bought Destiny Cable Inc., Uni-Cable TV Inc. and Solid Broadband Corporation's cable TV and broadband internet assets and subscribers with consolidating value of P3.497 billion.
Planned sale to PLDT and shutdown aborted On March 16, 2023,
PLDT announced that it had entered into a sale and purchase agreement to acquire 100% of Sky Cable Corporation from Sky Vision Corporation, ABS-CBN Corporation and Lopez Inc. for billion. The acquisition would cover Sky's broadband business and related assets, subject to compliance with certain conditions including the termination or cessation Sky's pay TV and cable businesses. The deal is subject to regulatory approvals. While awaiting the required regulatory approvals, Sky's broadband and cable TV services would continue. On January 22, 2024, ABS-CBN Corporation disclosed that the Philippine Competition Commission allowed the transaction to proceed. The company also announced that parties would now work to close the sale. On January 26, 2024, Sky announced that it would discontinue its cable TV operations effective February 27. The final broadcast and sign-off of SKYcable was originally scheduled for February 26, 2024 at 11:59pm (
PST). At the time, it was reported that the company had 300,000 cable subscribers and 350,000 broadband subscribers. However, on February 22, ABS-CBN Corporation announced that the company and PLDT mutually agreed to not push through with the sale of Sky Cable Corporation despite PCC approval. Alongside with this, the planned shutdown of its cable television service Sky Cable was shelved.
Digital system SkyCable adopted
DVB-C digital transmission standards, utilizing encrypted digital set-top boxes (
Digibox) with ISO/IEC 7816-compliant smart cards to manage subscriber access and prevent unauthorized use.
Smart card SkyCable Digital's Digibox conveys programming with encryption to alleviate signal piracy. It utilizes
ISO/IEC 7816 smart cards, which transmit digital signals to the receiver to decrypt the programming for viewing.
High-definition channels On September 19, 2008, SkyCable initiated the pay-per-view broadcast of the
2008 Ryder Cup golf tournament in high-definition (HD). In July 2009, Skycable also commenced a locally produced HD program through Balls HD, the collegiate basketball tournament—University Athletic Association of the Philippines and the National Collegiate Athletic Association.
Personal video recording On December 8, 2010, SkyCable announced plans to introduce a personal video recording (PVR) service in the Philippines during the first quarter of 2011, citing functionality comparable to TiVo systems available in the United States. The service, marketed as
iRecord, launched on March 21, 2011. It utilized a 320GB hard drive, offering up to 145 hours of standard-definition or 86 hours of high-definition recording capacity. ==Carriage and content disputes==