An efficient multiconductor transmission line (MTL) model of a shielded twisted wire pair (TWP) with apertures on its sheath is developed for predicting common mode (CM) and differential mode (DM) currents induced in the shielded TWP cable. Its transfer impedance and admittance with one-line apertures on its sheath are derived in a closed form. Therefore, the MTL equations are formulated and solved to obtain the CM and DM currents induced in the shielded TWP. Moreover, the proposed MTL model is generalized to be applicable for the braided–shielded TWP, in which the transfer impedance and admittance are formulated analytically. Results showed that the induced DM current inside the braided–shielded TWP is suppressed dramatically due to the uniform structure of the cable. The models are validated by comparing their results with those obtained by the commercial software FEKO; good agreements are obtained.