February 27, 2017 2:52 PM ET

Wireless Telecommunication Services

Company Overview of Maxis Communications Berhad

Company Overview

Maxis Communications Berhad is a holding company which through its subsidiaries provides mobile, fixed line, and international telecommunications services in Malaysia. It also provides Internet and broadband services; and wireless multimedia related services, and owns, maintains, builds, and operates radio facilities and associated switches. The company was formerly known as Binariang Berhad and changed the name to Maxis Communications Berhad in 1999. The company was founded in 1993 and is based in Kuala Lumpur, Malaysia. Maxis Communications Berhad is a subsidiary of Binariang GSM Sdn. Bhd.

Aras 18, Menara Maxis

KLCC, Off Jalan Ampang

Kuala Lumpur,  50088


Founded in 1993


60 3 2330 7000


60 3 2330 0008

Key Executives for Maxis Communications Berhad

Chief Executive Officer
Age: 51
Chief Financial Officer, Joint Chief Operating Officer and Executive Vice President of Chief Executive Officer's Office
Age: 44
Chief Executive Officer for North/East
Chief Executive Officer - South
Head of Sales and Service
Compensation as of Fiscal Year 2016.

Maxis Communications Berhad Key Developments

Saudi Telecom Co. Mulls Options For Maxis

Saudi Telecom Company (SASE:7010) is exploring options for its indirect stake in Maxis Communications Berhad, people with knowledge of the matter said. The company is gauging interest in its 25% holding in Binariang GSM Sdn. Bhd., which is the controlling shareholder of Maxis, according to the people. The Riyadh-based company may consider selling the stake to a Malaysian pension fund or another financial investor, two of the people said.

Reliance Communications And Aircel Wireless Business To Merge

Reliance Communications Ltd. (NSEI:RCOM) and Maxis Communications Berhad and Sindya Securities and Investments Pvt Ltd. are set to ink a "binding definitive" pact in around two weeks to merge wireless businesses with Aircel Limited. "RCOM and Maxis Communications Berhad (MCB) and Sindya Securities and Investments Private Limited (Sindya), the shareholders of Aircel Limited ("Aircel"), expect to sign binding definitive documentation and announce the proposed transaction for the combination of the Indian wireless business of RCOM and Aircel very shortly," said Reliance Communications.

Reliance Communications Extends Exclusivity Period For Potential Merger With Aircel

Reliance Communications Ltd. (NSEI:RCOM) said that it has extended the mutual exclusivity period with Maxis Communications Berhad and Sindya Securities and Investments Pvt Ltd., the two shareholders of Aircel Limited, till June 22, 2016.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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