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Maxis sees overall performance remaining solid

KUALA LUMPUR: Maxis Bhd sees the cessation of the 3G radio access network (RAN) lease arrangement by U Mobile Sdn Bhd to have minimal impact on its 2019's earnings before interest, taxes, depreciation and amortisation (Ebitda).

Maxis CEO Gokhan Ogut said the group's Ebitda would see a single digit decline, but the performance overall, to remain solid.

Singtel posts lowest annual profit in 16 years

SINGAPORE: Singapore Telecommunications Ltd on Wednesday posted its smallest annual net profit in 16 years partly due to the intense competition faced by its regional associates in India and Indonesia.

Singtel, Southeast Asia's largest telecom operator, reported a net profit of S$773 million ($565 million) for the quarter ended March, almost flat versus the year-ago period. Its underlying net profit, which excludes exceptional items, fell 15 percent to S$697 million.

Trump expected to sign order paving way for US telecoms ban on Huawei

WASHINGTON: President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei, three U.S. officials familiar with the plan told Reuters.

Washington believes equipment made by Huawei Technologies Co Ltd, the world's third largest smartphone maker, could be used by the Chinese state to spy. Huawei, which has repeatedly denied the allegations, did not immediately comment.

KLCI closes below key level of 1,600

KUALA LUMPUR: Local fund fund buying helped the battered FBM KLCI to close off its early lows but it was not enough to lift the index above the key 1,600 level on Tuesday due to the escalating US-China trade conflict.

Local fund fund buying helped the battered FBM KLCI to close off its early lows but it was not enough to lift the index above the key 1,600 level on Tuesday.

Bigger is deemed better

FOR a company that was carved out of Telekom Malaysia Bhd (TM), much was expected from Axiata Group Bhd.

KLCI closes at January 2016 low on US-China trade war

KUALA LUMPUR: Malaysia's FBM KLCI closed at Friday's low as blue chips came under continued selling pressure from foreign funds while the ringgit weakened against the US dollar due to the intensifying US-China trade war.

KLCI closes at January 2016 low on US-China trade war

US firm accuses Huawei of enlisting professor to obtain its tech

A U.S. startup company is accusing Chinese telecommunications gear provider Huawei of enlisting a Chinese university professor working on a research project to improperly access the startup's technology, according to court documents filed last week.

California-based CNEX is developing technology to enhance the performance of solid-state drives in data centers and has been in a dispute with Huawei Technologies Co Ltd since 2017. In a new set of counterclaims filed in federal court in Texas last week, CNEX alleged that Bo Mao, a professor at Xiamen University, asked for one of the company's circuit boards as part of a research project.