It is owned 18.8% by ABS-CBN Corporation and 78% by Lopez Inc.[4] 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.

[16] On January 22, 2024, ABS-CBN Corporation disclosed that the Philippine Competition Commission allowed the transaction to proceed.

[19] SkyCable allows its subscribers to select their own packages or channels, comparable to a pay-per-channel service most generally used in the United States.

SkyCable also introduced the package-pricing model typically used by other cable television providers in which channels are classified into packages.

[25] On September 19, 2008, SkyCable initiated the pay-per-view broadcast of the 2008 Ryder Cup[26] golf tournament in high-definition (HD).

[31] In February 2003, GMA Network filed a complaint against SkyCable for allegedly moving its signal from channel 12 without approval of the National Telecommunications Commission.

Authorities decided on April 25, 2003, that SkyCable violated the provisions of Memorandum Circular 4-08-88 and ordered to carry the free-to-air television signal on its system except when theoretically impracticable.

It also ordered SkyCable to faithfully and strictly conforms with the requirements and to conclude from randomly changing channel assignments without notice and approval from local authorities.

Consequently, the latter filed another appeal through an appellate court but still rejected their request and ordered them to conform to local authorities resolution.

[32] In August 2015, SkyCable Corporation answered GMA Network's complaint over the loss of television signal during the KalyeSerye segment of Eat Bulaga!.

Citing tweets from outraged fans of the AlDub love team featured in the said segment of the noon-time show, GMA filed a complaint before the National Telecommunications Commission (NTC) through a letter dated Aug. 25.

The network said subscribers "are being short-changed through irresponsible acts of their service provider" and appealed for the NTC to take immediate action about the "apparent sabotage" perceived by the viewers.

In its statement, SkyCable denied the accusations assuring their customers of their commitment to provide the best service and resolve any glitches.

“The complaint of GMA 7 with the National Telecommunications Commission (NTC) last August 25, 2015, regarding shortchanging of our SkyCable subscribers via irresponsible acts, is a malicious accusation and is without basis," the Lopez-owned firm said.

[35] On March 14, 2011, TV5 filed a complaint to the National Telecommunications Commission against Sky Cable, accusing it of refusing to carry AksyonTV, despite law designating all free-to-air television networks as must-carry channels.