User revenue to weigh on Maxis


Phillip Research said Maxis’ 3Q25 core net profit is likely to come in at between RM395mil and RM400mil.

PETALING JAYA: While Maxis Bhd’s core net profit for the third quarter of this year (3Q25) is expected to remain broadly stable quarter-on-quarter (q-o-q), its steady subscriber momentum is likely to be offset by subdued average revenue per user (Arpu) trends in an increasingly competitive market.

Phillip Research said Maxis’ 3Q25 core net profit is likely to come in at between RM395mil and RM400mil (2Q25: RM394mil, 3Q24: RM355mil), supported by ongoing mobile subscription growth and led by postpaid and continued improvement in prepaid churn.

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