Maxis announces RM1bil incremental capex for three years

Allocation to be spent over three years

KUALA LUMPUR: Maxis Bhd, which posted a net profit of RM1.78bil in the financial year ended Dec 31, 2018 (FY18), has announced an allocation of RM1bil over the next three years for incremental capital expenditure (capex) to support its new strategy to become a converged communications and digital services company in both the fixed and mobile markets.