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November 24, 2015 10:16 PM 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


Founded in 1993


60 3 2330 7000


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 Appoints Mohammed Abdullah K. Alharbi as Non Independent and Non Executive Composition of Audit Committee

Maxis announced the appointment of Mr. Mohammed Abdullah K. Alharbi as Non Independent and Non Executive Composition of Audit Committee.

MAXIS Bhd Announces Unaudited Earnings Results for the Third Quarter Ended September 30, 2014

MAXIS Bhd announced unaudited earnings results for the third quarter ended September 30, 2014. For the quarter, the company reported 5% fall in net profit to MYR 449 million from MYR 472 million a year ago, as it took a MYR 16 million revenue hit from the re-pricing of postpaid pay-per-use (PPU) charges. Revenue in the period was down at MYR 2.07 billion compared with MYR 2.24 billion a year ago. The company invested MYR 337 million in capital expenditure in the third quarter and is on track to spend more than MYR 1 billion this year.

Promoters And Investors Seek To Sell Aircel

According to sources, multiple investors have envisaged interest in buying stake in Aircel Limited. The prospective investors include Idea Cellular Ltd. (BSE:532822), Telenor ASA (OB:TEL), AT&T, Inc. (NYSE:T) and MTN Group Limited (JSE:MTN). The promoters and investors of Aircel, including Maxis Communications Berhad, are looking to exit Aircel and have invited request for quotations for stake sale, sources told CNBC-TV18. Idea Cellular and Telenor have already initiated the due diligence process, sources said. Aircel promoters have set a June 2014 deadline for quotation. Though valuation figures are still being worked on, sources said it could be a significantly large deal in the range of over INR 200 billion. Idea and AT&T refused a comment. Others players were unavailable.

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