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ABS-CBN is a major Filipino commercial television network owned and operated by the Filipino media conglomerate ABS-CBN Corporation, a publicly traded company. It is currently the country's leading television network with an advertising revenues amounting to 17.5 billion pesos as of fiscal year 2011. It was launched on 23 October 1953 and is among the first commercial television networks in Asia. Its headquarters is in Quezon City with regional offices and news bureaus in over 25 provincial areas throughout the country. Today the flagship terrestrial television channel in Mega Manila is DWWX-TV (VHF channel 2). The network operates terrestrially through Regional Network Group with its 25 fully owned originating television stations, 35 strategically located relay stations and 8 affiliate regional television network making it the largest terrestrial television network in the country. It is also seen worldwide on cable television and direct-to-home satellite through The Filipino Channel as well as on iptv and internet under its brand name TFC Now! and in Guam on KEQI-LP which is owned by Sorensen Pacific Broadcasting, Inc.. (Source wiki.org)
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