KUALA LUMPUR: Maxis Bhd
said its full-year guidance remains on track as it turned in a higher net profit of RM447mil in the third quarter ended Sept 30, 2026, as compared to RM412mil in the year-ago quarter.
Quarterly revenue rose to RM2.68bil from RM2.59bil in the same quarter in 2025.
Over the nine-month period, the telco said net profit rose to RM1.3bil from RM1.18bil in the year-ago quarter while revenue climbed to RM8.07bil from RM7.76bil previously.
In line with the performance, the board of directors declared an interim dividend of 4.5 sen per share, with ex-date on Nov 27, 2026, and payable on Dec 22, 2026.
"Our third-quarter performance reflects the strength of our operating model and converged strategy. Disciplined execution continues to drive healthy cash generation," said CEO Goh Seow Eng in a statement.
In the quarter under review, service revenue in the consumer mobile segment grew 1.4% year-on-year (y-o-y) to RM1.59bil, supported by gains in postpaid revenue. Total mobile subscribers dropped 2.8% y-o-y to 9.59 million following adjustments tied to new prepaid registration guidelines.
The consumer home segment saw service revenue rose 0.8% y-o-y to RM257mil, alongside margin expansion driven by Maxis’ own-built fibre footprint. Total home connections increased 3.6% y-o-y to 816,000, bolstered by strong demand for converged offerings.
Meanwhile, service revenue in enterprise business edged 0.2% higher y-o-y to RM419mil. According to Maxis, solutions remained a primary growth catalyst, powered by robust demand for
Corporate and Wholesale network solutions supporting AI workloads and data centre
expansion.
It said the segment also deepened traction in Internet of Things (IoT) deployments, particularly in smart metering and connected vehicles.
