SkyCable on Wednesday announced its shift of investments from cable tv services to broadband. SkyCable's marketing head Rey Montinola said that they're allocating P1 billion in 2011.

"This year, about 60 percent of the P1-billion capex is allocated for cable services and the rest is for broadband. In 2011, the amount is still the same but the skew will shift to broadband," Montinola said.

Currently, SkyCable has 550,000 cable tv subscribers and 30,000 broadband users. "We expect to have a 10-percent net increase in cable subscribers next year. For broadband, we expect to double our users in 2011," he said.

SkyCable also introduced the first PVR system in the Philippines on Wednesday. The PVR or Personal Video Recorder allows a cable tv user to record two simultaneous TV shows and watch them later.

The PVR service is currently on trial and will be commercially available by next year.