A method of hanging a cable within a coiled tubing string includes the steps of determining a length of coiled tubing required within a well having a wellhead; determining a length of a cable required within the coiled tubing, the cable having a structural component along the length of the cable sufficient to support the weight of the cable; cutting the tubing string and installing a hanger sub in the coiled tubing string toward, the wellhead attachment section relative to the downhole end, the hanger sub comprising an inner shoulder that extends radially into the hanger sub and defines an opening; and attaching an outer shoulder to the cable and inserting the cable into the coiled tubing string until the outer shoulder of the cable engages the inner shoulder of the hanger sub such that the inner shoulder positions the cable below the outer shoulder.