It was incorporated on 30 June 1993 and officially inaugurated on 31 October same year, offering a package of over 100 pay television channels, 54 of which are directly operated by the company.

The company was founded as Wharf Cable Television (Chinese: 九倉有線電視), incorporated on 30 June 1993.

[citation needed] In February 2023, Cable TV announced to fold their pay-television licenses over to the Hong Kong government six years earlier than planned as they no longer compete with Now TV and TVB's MyTV SUPER, along with streaming giants Netflix and Disney+.

This increased Celestial Pioneer's stake in Forever Top from 31.5% to 72%, making it the largest shareholder of the company.

[5] i-Cable TV fired at least 40 journalists, editors, and production crew, including the whole team of News Lancet (an award-winning investigative journalism show) in December 2020.