Maxis Berhad (Maxis) delivered a strong performance for the first quarter ended 31 March 2020, driven by a steady core mobile business and solid convergence growth. The Company reported steady EBITDA although core performance was impacted slightly by early Covid-19, while maintaining an industry-leading EBITDA margin and a healthy Profit After Tax (PAT).
Celcom and Maxis agree to explore infrastructure sharing to potentially accelerate rollout of 5G in Malaysia
- Celcom and Maxis sign MoU to explore Malaysia’s first active 5G Radio Access Network sharing.
- Partnership leverages each other’s resources, enabling wider and more efficient deployment of 5G network to accelerate access for consumers and businesses.
- Industry collaboration important in supporting Malaysia’s ambition in driving the digital economy.
Celcom Axiata Berhad (Celcom) and Maxis Berhad (Maxis) today signed a Memorandum of Understanding (MoU) to explore a potential partnership for efficient deployment of Malaysia’s 5G infrastructure, further supporting the development of the nation’s digital ecosystem. The collaboration will also enable both telcos to explore possible business opportunities in relation to 5G key strategic areas to deliver the best 5G innovation to benefit the people and businesses in Malaysia as soon as the necessary spectrum is made available.
This potential collaboration focuses on the joint deployment of 5G infrastructure which will cover selected areas. Maxis and Celcom will still maintain its own network and remain competitive in other areas.
Signing on behalf of Celcom was Idham Nawawi, Chief Executive Officer (CEO), and Muniff Kamaruddin, Chief Strategy and Value Creation Officer. Meanwhile, Maxis was represented by Gokhan Ogut, CEO and Morten Bangsgaard, Chief Technology & Information Officer.
Idham Nawawi, CEO, Celcom:
“We believe collaboration is the way forward for the industry and working with Maxis to explore a more coordinated 5G deployment in Malaysia is something we are excited about. 5G is the next evolution that will transform how people work, live and play. It will enable a more enhanced consumer experience as well as create new opportunities for consumers, students, governments and businesses alike. Our potential collaboration will pave the way for the delivery of a world-class 5G network, on top of our existing 4G and 3G/2G networks, to every Malaysian, realising a truly digital Malaysia in the IR4.0 era."
Gokhan Ogut, CEO, Maxis:
“We welcome the idea of collaborating with Celcom for 5G network sharing. We are already sharing towers, fiber and working together on connectivity for rural areas and USP projects. This helps us save resources and accelerate rollout. With this 5G network sharing, it presents an opportunity for us to deliver more value to our customers. Such industry collaboration is important in supporting Malaysia’s ambition in driving the digital economy.”
The potential collaboration between Maxis and Celcom supports Malaysia’s ambition in driving the digital economy and ecosystem, brings about significant cost savings and creates overall efficiency for both parties which will result in a faster roll out and better experience of 5G for consumers and businesses in the near future.
Celcom and Maxis both started their 5G journey more than two years ago. Starting with assessing the technology and conducting demo trials, the companies have now moved on to full-fledged 5G live trials, while continuing to upgrade their core network in becoming more agile to respond to technology advancements. This year both companies have been ramping up 5G live trials with partners, participating in 5G showcases to create greater awareness about 5G network to the public, and collaborating with technology partners to accelerate 5G deployment in Malaysia.
Maxis’ steady growth in the Malaysian ICT Enterprise services market was recently given a boost following an expansion of its cloud solutions and services offerings. The telco is accelerating its talent capacity and capabilities to support and stimulate business growth across the nation, as it seeks to help with adoption of next generation digital networks and solutions to drive market competitiveness, particularly for the critical SME segment.
Persevering amid times of adversity, the nation has resumed life and work predominantly in the digital world, from home, propelling the demands for connectivity to new heights. Reaffirming its commitment to create a safer and connected Malaysia, Maxis continues with its efforts to ensure that the connectivity lifeline remains uninterrupted as much as possible and to provide even more support for all employees, consumers and businesses during the Movement Control Order (MCO).