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Maxis Net Profit Rises To RM1.6 Billion For YTD September 2013

14.6% internet and data revenue growth year on year, contributing 28.9% of mobile revenue
Momentum from widest 4G LTE footprint and device offerings
Delivering on dividend commitment; announced a third interim  dividend of eight sen per share amounting to RM600 million

Maxis Berhad (Maxis) delivered revenue and profit growth for the nine months ended 30 September 2013, largely driven by higher mobile internet and data usage which recorded an increase of 14.6%.

Chief Executive Officer Morten Lundal said the result was an endorsement of Maxis’ strategic direction of achieving unmatched customer experience, driving data business and improving operational efficiencies.
“Our strategy around improving customer experience, as well as focusing on mobile internet, is showing early positive results. During the quarter, we gave customers more reasons to increase usage with products that offer them both ease and value. “

“We know our customers value extensive coverage and reliable data speeds. We are putting a lot of work to further enhance our leading 3G infrastructure and expand the reach of our 4G LTE network. Our 4G LTE footprint is the widest in the country and now available to close to one third of the population in the Klang Valley. This will progressively be extended to other parts of the country,“ said Morten.  
Maxis also confirmed a third interim dividend of eight sen per share bringing the total dividend year-to-date (YTD) to 24 sen per share and YTD dividend pay-out to shareholders to RM1.8 billion.


Comparing Year-to-date 2013 against 2012

In the first nine months of this year, Maxis revenue grew 3.0% to RM6,860 million on the back of positive contributions from across all business segments. Profit After Tax (PAT) for the period was impacted by a one-time Career Transition Scheme (CTS) cost (including tax effect) of RM76 million due to the organisational refinement exercise as well as accelerated depreciation (including tax effect) of RM75 million due to network modernisation programme. Excluding these items, PAT for the period would have increased by 3.9% to RM1,631 million.

Excluding CTS, EBITDA would have also increased by 4.5% to RM3,441 million.


Comparing Q3 2013 against Q2 2013

For the quarter under review, Maxis posted a revenue of RM2,239 million. Excluding one-time CTS costs, PAT at RM550 million would be comparable to the previous quarter. EBITDA would show a marginal decrease of 0.9% to RM1,154 million. 



Celcom, Digi, Maxis sign definitive agreement to collaborate on fibre to base station for faster roll out to consumers

Celcom, Digi, Maxis sign definitive agreement to collaborate on fibre to base station for faster roll out to consumers

Celcom Axiata Bhd (“Celcom”), Digi Telecommunications Sdn Bhd (“Digi”), and Maxis Berhad (“Maxis”) announced that they have concluded a Definitive Agreement to jointly develop and share fibre infrastructure, allowing for faster and more efficient deployment of fibre backhaul to base stations and avoiding duplication of fibre infrastructure in the country. This collaboration will enable improved widespread of 4G connectivity to all Malaysians and increase the country’s fibre infrastructure in line with ambitions under the National Digital Infrastructure Plan (JENDELA), as well as preparing for tower infrastructure for a 5G future.

Maxis announces Chairman transition

Maxis announces Chairman transition

Maxis today announced that Raja Tan Sri Dato’ Seri Arshad bin Raja Tun Uda has decided to step down as Chairman of the Board of Maxis Berhad (Maxis) effective 22 April 2021, upon conclusion of the Company’s Annual General Meeting (AGM). Raja Tan Sri Arshad served as Chairman of Maxis since its listing on Bursa Malaysia in 2009.

Maxis provides aid to B40 communities in conjunction with recent CNY to help families stay safe

Maxis provides aid to B40 communities in conjunction with recent CNY to help families stay safe

In the spirit of encouraging families to stay healthy together in conjunction with the recent Chinese New Year festive season, Maxis provided essential aid to B40 households in the Central and Northern regions. These included face masks, hand sanitisers and basic household necessities such as rice, flour, oil and assorted groceries.