PETALING JAYA: Maxis Bhd
has accepted an award from the Malaysian Communications and Multimedia Commission (MCMC) for an additional 2x10MHz spectrum assignment in the 2,600MHz band, involving total fees of RM287mil.
In a filing with Bursa Malaysia, the telecommunications group said its relevant wholly-owned subsidiary, which is licensed under the Communications and Multimedia Act 1998, accepted the award on Oct 15, 2026. The spectrum assignment carries an upfront fee of RM203mil and an annual fee component totalling RM84mil over the four-year assignment period.
For the second quarter ended June 30, 2026, the telco reported a net profit of RM436mil, up from RM398mil in the year-ago quarter. Quarterly revenue grew to RM2.66bil from RM2.56bil in the comparative quarter.
For the six-month period ended June 30, 2026, Maxis registered a net profit of RM853mil, up from RM769mil in the 2025 period, while revenue rose to RM5.39bil from RM5.17bil a year earlier.
