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General

Maxis Q3 revenue climbs almost 3% on growth in fibre and mobile broadband services

Tuesday 2 November 2021 | 07:10 CET | News
Malaysian operator Maxis posted a steady increase in service revenue, up 2.9 percent year-on-year to MYR 2.02 billion for the third quarter of 2021. Revenue growth was mainly boosted by Maxis' core mobile business, delivering growth across postpaid and fibre businesses and registering a resilient prepaid performance, the company said. EBITDA grew by 1.7 percent year-on-year to MYR 984 million, while profit after tax was lower at MYR 325 million, attributable to additional investments in network and core capabilities which resulted in higher depreciation and amortisation costs.

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Categories: General
Companies: Hotlink / Maxis
Countries: Malaysia
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