sky 2011 present type subsidiary industry telecommunications founded june 6 1990 ; 26 years ago 1990 06 06 headquarters 6th floor elj communications center eugenio lopez drive diliman quezon city philippines area served nationwide key people antonio ventosa coo 1 products destiny cable hbo go sky biz sky broadband sky cable sky direct sky mobi sky on demand sky ppv sky zone services cable television broadband internet digital cable television direct broadcast satellite television mobile internet pay per view video on demand revenue 8.083 billion fy 2015 2 owner abs cbn corporation 59.4 % sky vision corporation 4.9 % 2 sampaquita communications pte. ltd. 35 % minorities 1 % parent abs cbn corporation website www.mysky.com.ph sky cable corporation simply traded as sky and stylized as sky is a filipino telecommunications company and the country s largest cable television provider . it is a subsidiary of the media conglomerate abs cbn corporation and is based in quezon city . sky operates in mega manila and provincially through its various subsidiaries . 3 sky was founded on june 6 1990 as central catv inc. by benpres holdings corporation now lopez holdings corporation . today it expanded to offer digital cable television direct broadcast satellite television broadband internet mobile internet pay per view and video on demand services to its over 840 thousand subscribers nationwide of which 700 thousand are cable television subscribers and the remaining 140 thousand are broadband internet subscribers . contents 1 history 2 products and services 2.1 sky cable 2.2 destiny cable 2.3 sky broadband 2.4 sky direct 2.5 sky biz 2.6 sky on demand 2.7 sky mobi 2.8 hbo go 3 subsidiaries 4 references 5 external links history edit on 6 june 1990 sky cable corporation was incorporated as central catv inc. 4 on 25 march 1991 sky vision corporation a holding company incorporated with the primary purpose of buying and owning stocks of central catv inc. was founded . on march 30 1995 central catv inc. was granted a 36 year provisional franchise to establish construct maintain and operate community antenna television system in the philippines through republic act 7969 . 5 in 1997 sky vision corporation acquired 47 % of pilipino cable corporation for 900 million pesos . 6 in 2001 sky cable and philippine long distance telephone company s home cable entered into a master consolidation agreement to form the holding company beyond cable inc. 4 in april 2008 then abs cbn broadcasting corporation now abs cbn corporation started consolidating the cable company s fiscal result into its financial statement . 7 in may 2011 singapore based firm sampaquita communications pte. ltd. acquired 40 percent of sky cable through philippine depositary receipts pdr worth 3.612 billion and 250 million pesos of convertible notes to fund the expansion of sky cable s broadband internet and cable television services . 8 on 11 may 2012 sky cable acquired the assets of destiny cable from destiny cable inc. unicable from uni cable tv inc. and mydestiny broadband internet from solid broadband corporation with consolidating value of 3.497 billion pesos . 9 10 in 2013 skycable revenues increased by 18 % to p6 .99 billion from p5 .94 billion . the growth in skycable revenues was partly attributable to the acquisition of destiny cable inc. postpaid revenues grew by 16 % and broadband revenues by 33 % . sky s cable tv subscriber count improved by 10 percent as of the end of 2012 while skybroadband registered a 44 percent growth on its base versus the previous year . 11 in 2013 sky discontinued its voice over ip service and started offering bundled plans with abs cbnmobile postpaid service which includes a wireless landline connection sms and voice . according to news reports by interaksyon and manila times sky is planning to enter the direct to home satellite market with an initial investment of 252 million pesos to roll out direct broadcast satellite service across 251 cities and municipalities in the philippines . 12 13 despite the opposition from pldt cignal and other pay tv firms ntc on a decision dated december 23 2015 granted sky a provisional authority to install operate and maintain a direct broadcast satellite service in various cities and municipalities for a period of 18 months . 14 products and services edit sky cable edit main article skycable sky cable is the flagship brand of sky which operates cable television . it has around five hundred 500 thousand subscribers in metro manila suburbs and key cities in the provinces which include metro cebu and metro davao . sky is currently migrating its subscribers from analog to digital to improve its services and protect its contents from signal piracy . it is the first cable television provider in the country to offer local and foreign high definition cable channels . destiny cable edit main article destiny cable destiny cable formerly global destiny cable is the only other cable television brand of sky . it has around two hundred 200 thousand 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 . sky broadband edit sky broadband 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 170 000 thousand subscribers and is currently the fastest growing segment of the company . 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 . sky direct edit main article sky direct sky direct is the satellite television brand of sky . it offers direct broadcast satellite television in the country . it boasts a nationwide coverage and exclusive hd and sd channels not available on other providers . at present sky direct has over 40 000 subscribers . sky biz edit 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 three thousand 3 000 enterprise subscribers . sky on demand edit main article sky on demand sky on demand is the over the top content brand of sky . it offers tv everywhere service to sky broadband and sky mobi subscribers . it allows users to watch video on demand contents of sky cable on any screen and devices . sky mobi edit sky mobi is the mobile internet brand of sky . it is powered by globe telecom and is available in metro manila . it offers an internet download speed of up to 12 mbit s using the sky mobi pocket wifi with a 6 gigabyte data cap per month . hbo go edit main article hbo go hbo go is the tv everywhere service brand of hbo . it is exclusively provided in the country by sky . subsidiaries edit here is a list of assets owned by sky cable corporation . note that these are also recognized as an indirect subsidiary of the parent abs cbn corporation . all are wholly owned and operated unless otherwise indicated . bisaya cable television network inc. through telemondial holdings inc. bright moon cable networks inc. cavite cable corporation cebu cable television inc. 30 % direct and 70 % through pacific catv inc. cepsil consultancy and management corporation davao cableworld network inc. through pilipino cable corporation discovery cable inc. 70 % first ilocandia catv inc. 91.25 % through pilipino cable corporation hm cable networks inc. hm catv inc. home lipa cable inc. 60 % hotel interactive systems inc. isla cable tv inc. jmy advantage corporation 95 % mactan catv network inc. through pacific catv inc. moonsat cable television inc. 55 % direct and 45 % through telemondial holdings inc. pacific catv inc. 91.52 % through pilipino cable corporation pilipino cable corporation 54.5 % direct and 45.5 % through telemondial holdings inc. satellite cable tv inc. suburban cable network inc. 92.5 % sunvision cable inc. sun cable holdings inc. sun cable systems inc. through sun cable holdings inc. tarlac television network inc. telemondial holdings inc. references edit http corporate.abs cbn.com about us our leadership a b sec form 17 a 2015 report . philippine stock exchange . march 27 2016 . cable . lopez holdings corporation . 2008 . retrieved 2 june 2012 . a b sky cable . lopez group . retrieved 4 june 2012 . republic act no. 7969 an act granting the central catv inc. a franchise to establish construct maintain and operate for commercial purposes cable community antennae television systems in the philippines . chanrobles.com . retrieved 6 june 2012 . dela pena zinnia . sky vision buys lorenzo stake in pilipino cable . the philippine star . retrieved 4 june 2012 . shareholder s faq . retrieved 4 june 2012 . monticello paolo 5 december 2011 . singaporean firm gets 40 % of skycable . the philippine daily inquirer . retrieved 4 june 2012 . sky cable buys destiny cable s assets . abs cbn news and current affairs . 11 may 2012 . retrieved 4 june 2012 . skycable aims to grow market signs 3 deals . abs cbn news and current affairs . 15 may 2012 . retrieved 4 june 2012 . lopez holdings corporation investments pushes for growth in the media business . lee cassandra may 26 2015 . abs cbn s sky cable venturing into satellite tv service . news5 . periabras rosalie july 5 2015 . pay tv market slow to grow faces tough competition . manila times . amolejar darwin g. 10 january 2016 . skycable expanding to satellite television . the standard . retrieved 10 january 2016 . external links edit official website beta version sky cable on abs cbn investor relation sky cable corporation on businessweek sky cable corporation on jobstreet.com sky cable review on whitehatseorankings.com v t e abs cbn corporation eugenio lopez jr. chairman emeritus key figures founders james lindenberg antonio quirino eugenio lopez sr. fernando lopez executives eugenio lopez iii chairman carlo katigbak president and ceo cory vidanes charo santos concio freddie m. garcia board member johnny manahan tv and studio broadcast abs cbn abs cbn regional radyo patrol dzmm radyo patrol 630 my only radio mor 101.9 for life s a global abs cbn news channel cinema one lifestyle myx tv san francisco international gateway s a the filipino channel tfc iptv on demand tfc ppv tfc.tv films and music abs cbn film productions skylight films star creatives star cinema star cinema productions 50 % star music niche and sports abs cbn hd abs cbn news channel anc hd abs cbn publishing abs cbn regional channel abs cbn sports s a hd abs cbn cable channels cinema one hero jeepney tv lifestyle myx dyab teleradyo dxab teleradyo dzmm teleradyo knowledge channel pay tv sky 59.4 % destiny cable sky cable sky direct sky on demand sky ppv new business abs cbn convergence 69.3 % abs cbn mobile abs cbn tv plus cine mo kapamilya box office yey others chicken pork adobo kakaotalk philippines 50 % kidzania manila 73 % o shopping 50 % one music ph sky mobi sky direct other assets abs cbn broadcasting center dolphy theater millennium transmitter abs cbn digital media abs cbnnews.com i want tv abs cbn lingkod kapamilya foundation bantay bata abs cbn news abs cbn philharmonic orchestra 50 % amcara broadcasting network 49 % elj communications center abs cbn film archives restaurant 9501 sky broadband star magic v t e philippine telecommunications companies abs cbn sky abs