Challenging outlook seen for Maxis

Pre-registration is open now but the plans will only be available starting Sept 13.

PETALING JAYA: Maxis Bhd’s immediate business outlook is expected to remain challenging, as AmInvestment Bank Research cautioned investors to watch out for weaker earnings in the second half of financial year 2018.

The research firm, which downgraded its view on the stock to “underweight”, said Maxis’ results for the third quarter would see noticeable impact as it neared the termination of its 3G radio access network (RAN) deal with U Mobile on Dec 27.