Asian Broadcasting Network (M) Sdn Bhd, DBA ABNxcess, was the sole

digital cable television Digital cable is the distribution of cable television using digital data and video compression. The technology was first developed by General Instrument. By 2000, most cable companies offered digital features, eventually replacing their previou ...

operator in

Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre ...

, launched on 8 June 2013. The company offered cable television services via the cable network which has been in operation since 2012. ABNxcess is owned and operated by Asian Broadcasting Network (M) Sdn Bhd, a wholly owned subsidiary of The ABN Media Group. It has operations at Pusat Perniagaan Suria Puchong located in

Puchong Puchong is a major town and a parliamentary constituency in the Petaling District, in the state of Selangor, Malaysia. Bordering Kuala Lumpur, it is part of the Greater Kuala Lumpur area. It is bordered by Petaling Jaya in the north, Subang J ...

Selangor Selangor ( ; ), also known by the Arabic language, Arabic honorific Darul Ehsan, or "Abode of Sincerity", is one of the 13 states of Malaysia. It is on the west coast of Peninsular Malaysia and is bordered by Perak to the north, Pahang to the e ...

, Malaysia. As of 2016, the company has ceased its operations.

Financial crisis

For financial year 2013, ABNxcess's accumulated losses stood at RM36.2 million, including a loss of RM30.7 million for the year. As of 2015, the company had not filed its financial results for the last two years, and it had loan facilities totalling RM465 million.

References

{{CATV Africa, Asia, and Oceania 2013 establishments in Malaysia 2016 disestablishments in Malaysia Television in Malaysia Television channels and stations established in 2013 Television channels and stations disestablished in 2016 Cable television companies

Financial crisis

See also

References