Sky Cable Corporation — BrandWiki

Sky Cable Corporation

Overview

Sky Cable Corporation

trade name	Sky
type	Subsidiary
foundation	June 6, 1990
location city	6th Floor, ELJ Communications Center, Eugenio Lopez Drive, Diliman, Quezon City
location country	Philippines
area served	Metro Manila, Metro Cebu, Metro Davao, and other key cities
key people	Mark López (Chairman) Carlo Katigbak (CEO) Claudia Veronica Suarez (COO) ‡R1R‡
industry	Telecommunications
products	Sky Cable, Sky TruFiber, Sky TV
services	Cable television, broadband internet, IPTV, pay per view
revenue	₱5.386 billion (FY 2024) ‡R2R‡
net income	−₱4.302 billion (FY 2024) ‡R2R‡
owner	ABS-CBN Corporation (59.4%) ST Telemedia (35%) Sky Vision Corporation (4.9%)‡R3R‡ minorities (1%)
parent	ABS-CBN Corporation
homepage	https://mysky.com.ph

Sky Cable Corporation, doing business as Sky, is a Filipino telecommunications company based in Diliman, Quezon City. It is a subsidiary of the media conglomerate ABS-CBN Corporation, it offers broadband internet, cable television and internet protocol television services under the Sky TruFiber, Sky Cable and Sky TV brands. The company was founded on June 6, 1990 by Benpres Holdings Corporation (now Lopez Holdings Corporation) as Central CATV, Inc.

As of, Sky has over 650,000 customers across the country, 300,000 cable TV subscribers and 350,000 broadband internet subscribers.[4]

History

On June 6, 1990, Sky Cable Corporation was incorporated as Central CATV, Inc.[5]

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.

Products and services

Sky Cable

Sky Cable is the flagship brand of Sky which operates cable television. It has over 300,000 subscribers in Metro Manila, suburbs and key cities in the provinces which include Metro Cebu and Metro Davao.

Destiny Cable

Destiny Cable (formerly Global Destiny Cable) was the only other cable television brand of Sky. It had around 200,000 subscribers in Metro Manila and Metro Cebu. Its brand along with its assets was acquired by Sky from Destiny Cable, Inc. in 2012. The assets of Uni-Cable was also consolidated in this brand after the acquisition of the asset from Uni-Cable TV, Inc. Destiny is also migrating its subscribers from analog to digital. Destiny Cable was shut down in 2019.

Sky TruFiber

Sky TruFiber (formerly Sky Broadband and Sky Fiber) is the broadband internet service brand of Sky launched in early 2011. The assets of MyDestiny broadband internet was consolidated in this brand after the acquisition from Solid Broadband Corporation. It has over 350,000 subscribers and is currently the fastest growing product of Sky. In 2012, Sky Broadband became the first internet service provider in the country to offer residential ultra high-speed internet with a download speed of up to 200 Mbit/s in select residential areas in Metro Manila. In 2019, Sky Broadband was rebranded to Sky Fiber.

Following the partnership agreement with Converge to upgrade/utilize Sky's broadband infrastructure, Sky Fiber was renamed as Sky TruFiber in October 2024.[36]

Sky Direct

Sky Direct was a satellite television service. It offered direct-broadcast satellite television in the country. It boasts a nationwide coverage and exclusive HD and SD channels not available on other providers. Before its shutdown in March 2019, Sky Direct had over 1 million subscribers. It stopped operations on June 30, 2020, due to the expiration of its franchise (and that of ABS-CBN's) on May 4, 2020.

Sky Biz

Sky Biz is the enterprise service provider brand of Sky. It offers integrated services such as dedicated ultra high-speed broadband internet to small and medium scale businesses in the country. At present, Sky Biz has over 3,000 enterprise subscribers.

Sky On Demand

Sky On Demand was an over-the-top content service exclusive to Sky subscribers. It offered TV everywhere service to Sky Broadband and Sky Mobi subscribers. It allowed users to watch video on demand content of Sky Cable on any screen and devices.

It was later shut down on September 1, 2020 after the merger of iWant and TFC Online.

Sky TV

Sky TV is an Internet Protocol television service provide launched in the 4th quarter of 2024 following Sky's partnership with Converge. The service emulates the Vision/FiberTV model which is connected to Sky's fiber line and offers a variety of channels. It is currently available as an add-on option on the Sky TruFiber service and as a bundle pack for Converge's FiberX broadband service, while existing Sky Cable subscribers will have an option to switch to the new IPTV service.[37]