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PETALING JAYA: Major telecom operator Maxis Bhd saw its share price drop by 24 sen after analysts raised concerns that it would be hard pressed to maintain its attractive dividend payouts.
THIS is the second time in its history that Maxis Bhd is ending the year with a bang.
PETALING JAYA: There could be some impact on Maxis Bhd’s revenue as a result of U Mobile Sdn Bhd’s termination of a network sharing agreement with the former related to the 3G radio access network (RAN), but more information will be needed before the full impact can be analysed.
THREE years ago, the writing would have been on the wall for Maxis Bhd if nothing had been done to shake things up within the cellular company.
PETALING JAYA: Analysts have indicated their mounting concern over the possibility of Maxis Bhd reducing its dividend distribution moving forward, just as the telco completed its RM1.7bil-worth of private placement.