Maxis to maintain its service revenue

Maxis has embarked on a three-year cost optimisation exercise to remain competitive in the long run against an evolving landscape of the telecommunications industry.

PETALING JAYA: Maxis Bhd should be able to maintain service revenue resilience going forward, supported by its convergence strategy, particularly with the ongoing focus on mobile and fibre/wireless bundles.

Its capital expenditure (capex) is being toned down for financial year 2023 (FY23) to be slightly less than RM1bil versus FY22’s RM1.1bil.