ABNXcess
{{EngvarB|date=February 2015}}
{{Use dmy dates|date=November 2020}}
{{Infobox company
| name = Asian Broadcasting Network (M) Sdn Bhd
| logo =
| type = Subsidiary
| slogan =
| founded = {{Start date and age|df=yes|2013|06|08}}
| defunct = {{End date|2016}}
| hq_location = Puchong, Selangor{{cite web|url=http://www.thestar.com.my/Business/Business-News/2013/06/08/The-man-behind-ABN/?style=biz|title=The man behind ABN}}
| area_served = Malaysia
| key_people = Sreedhar Subramaniam (President & CEO)
Tan Sri K.K. Eswaran
| industry = Broadcasting, media
| products = IPTV
Internet TV
| revenue =
| operating_income =
| net_income =
| num_employees =
| parent = ABN Media Group
| subsid =
| homepage = {{URL|abnxcess.com}} (inactive)
| footnotes =
}}
Asian Broadcasting Network (M) Sdn Bhd, DBA ABNxcess, was the sole digital cable television operator in Malaysia, 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, Selangor, Malaysia. As of 2016, the company has ceased its operations.{{cite web|url=https://www.malaysiainternet.my/2016/10/abnxcess-officially-dead/|title=ABNxcess is officially Dead?}}
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.{{cite web|url=http://www.thestar.com.my/Business/Business-News/2015/08/10/ABN-to-secure-investors-for-40-stake/?style=biz|title=ABN to secure investors for 40% stake}} As of 2015, the company had not filed its financial results for the last two years, and it had loan facilities totalling RM465 million.{{cite web |title=ABNxcess – just another hiccup or is the end near? |url=http://www.thesundaily.my/news/1511344}}
See also
References
{{reflist}}
{{Malaysia TV}}
{{CATV}}
{{CATV Africa, Asia, and Oceania}}
Category:2013 establishments in Malaysia
Category:2016 disestablishments in Malaysia
Category:Television in Malaysia
Category:Television channels and stations established in 2013
Category:Television channels and stations disestablished in 2016