Maxis invests RM813 million to enhance mobile network

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Maxis invests RM813 million to enhance mobile network
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  • 📰 DailyExpress_MY
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PETALING JAYA: Maxis Bhd is targeting an RM813 million investment that will enhance its mobile network capacity, grow its fibre-to-the-premise footprint, and improve digitalisation across the company.

Maxis CEO Goh Seow Eng said at the end of 2023, Maxis had more than 11,000 LTE sites in Malaysia covering 95% of the population and connecting an additional 181,000 premises with its fibre infrastructure.He said the company has always prioritised customer experience as it is a key differentiator in a hyper-competitive market.

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“Despite the intensifying competition and ever-changing regulatory landscape, we are confident that our agility and fast response allow us to seize opportunities that may arise from these developments,” he added. However, revenue increased to RM10.18 billion from RM9.79 billion a year ago, with total revenue growing 4%, while underlying service revenue, excluding low-margin wholesale voice services terminated in the fourth quarter of 2022, grew 4.2% year-on-year.

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