Systems and methods of the disclosed embodiments may include a coiled tubing locatable in a wellbore, a power and communications cable positioned along the coiled tubing. The power and communications cable may include an electromagnetic waveguide, an inner metallic tubular surrounding the electromagnetic waveguide, an electrically conductive material surrounding the inner metallic tubular, an electrically insulating material surrounding the electrically conductive material, and an outer metallic tubular resistant to corrosion and abrasion surrounding the electrically insulating layer. The example system may include an electrical device locatable in the wellbore and coupleable to the cable and a control unit coupleable to the cable and operable to supply power to and communicate with the electrical device via the power and communications cable.