Maxis revenue remains robust

PETALING JAYA: Maxis Bhd’s third-quarter (3Q) and cumulative results for the nine months of financial year 2022 (FY22) came in within market expectations.

Kenanga Research said the telecommunication group’s subscribers, in both the prepaid and postpaid segments, and business-to-business (B2B) revenue remained robust, while home connections continued to show positive momentum with average revenue per user looking stable.