Urgent.News

650+ sources. One page. See who else covered it.

Editions

Finance & Markets

New plans to underpin Maxis' mobile growth

KUALA LUMPUR: Maxis Bhd is expected to maintain decent consumer mobile service revenue growth, supported by new postpaid and prepaid plans launched in the first half of 2026 (1H 2026), CIMB Securities said.

New plans to underpin Maxis' mobile growth

Maxis Bhd, a leading mobile service provider in Malaysia, is projected to continue its growth trajectory in consumer mobile service revenue, according to CIMB Securities. The new postpaid and prepaid plans launched in the first half of 2026 are expected to contribute to this growth. In the second quarter of 2026, Maxis' consumer mobile service revenue grew by 0.8% quarter-on-quarter, reaching RM1.58 billion.

Postpaid subscriptions saw a 0.7% increase, while ARPU rose by 0.3%. Prepaid subscriptions grew by 0.4% quarter-on-quarter, with ARPU increasing by 1.4%. Overall, consumer mobile service revenue increased by 2.7% on a yearly basis, with postpaid revenue growing by 4.2% and prepaid revenue increasing by 0.3%.

Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

More in Finance & Markets

At N104.9tn, Nigeria’s Overnight Financing Market Hits New Monthly Record in July 2026

Kayode Tokede Nigeria’s overnight financing market recorded an all-time high trading volume of N104.9 trillion in July 2026, sustaining the sharp expansion in activity since the Nigerian Overnight…

  • Nigeria's overnight financing market hit N104.9tn in July 2026
  • 32.6% increase from May 2026, highest monthly volume since April 2026
  • NOFR remained stable at around 22%, absorbing higher volumes without rate pressure

More from Sunday 16 August →