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February 14, 2016 1:17 AM ET

Wireless Telecommunication Services

Company Overview of Maxis Communications Berhad

Company Overview

Maxis Communications Berhad is a holding company, which through its subsidiary, Maxis Berhad, 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 operates as a subsidiary of Binariang GSM Sdn. Bhd.

Aras 18, Menara Maxis

KLCC, Off Jalan Ampang

Kuala Lumpur,  50088

Malaysia

Founded in 1993

Phone:

60 3 2330 7000

Fax:

60 3 2330 0008

Key Executives for Maxis Communications Berhad

Chief Executive Officer
Age: 50
Chief Financial Officer, Joint Chief Operating Officer and Executive Vice President of Chief Executive Officer's Office
Age: 43
Chief Executive Officer for North/East
Chief Executive Officer - South
Head of Sales and Service
Compensation as of Fiscal Year 2015.

Maxis Communications Berhad Key Developments

Maxis Communications Berhad expected to report Fiscal Year 2015 results on February 13, 2016. This event was calculated by Capital IQ (Created on February 7, 2016).

Maxis Communications Berhad expected to report Fiscal Year 2015 results on February 13, 2016. This event was calculated by Capital IQ (Created on February 7, 2016).

Maxis Communications Berhad Announces Earnings Results for the Fourth Quarter of 2015

Maxis Communications Berhad announced earnings results for the fourth quarter of 2015. Maxis saw its fourth-quarter profit increase by 7.2% to MYR 477 million from MYR 445 million in the year-ago period. Service revenue was up 3.2% quarter-on-quarter to MYR 2.16 billion Normalized EBITDA stood at MYR 1.12 billion, up from MYR 1 billion in the year-earlier quarter.

Merger Talks Between MTS, Reliance And Aircel

Reliance Communications Ltd. (NSEI:RCOM) is in talks with the promoters of Gogo Inc. (NasdaqGS:GOGO) (Aircell) for a possible merger between the two companies. A 90-day exclusivity period is signed with Maxis Communications Berhad and Sindya Securities and Investments Private Limited, the shareholders of Aircel Limited to consider the potential combination. The potential combination will exclude RCom’s towers and optical fibre infrastructure. "The discussions are non-binding in nature. Any transaction will be subject to due diligence, definitive documentation and regulatory, shareholders’ and other third party approvals. Hence, there is no certainty that any transaction will result," the company said in a statement. Reliance is also in talks with Sistema JSFC (MICEX:AFKS) (MTS) for a three merger.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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