MAXIS BERHAD (MAXIS)

Company Profile: Maxis Berhad (6012)

Maxis Berhad is Malaysia's second-largest mobile telecommunications company by subscriber count, and one of the most established players in the industry since 1995. But Maxis is more than just a phone company - it is undergoing a significant transformation from a pure mobile operator into an integrated telecommunications and digital infrastructure player. This means Maxis is no longer just selling mobile connections; it is now deeply involved in national 5G infrastructure, fiber broadband networks, enterprise cloud platforms, and major government infrastructure projects.

The company is Shariah-compliant ✅ - certified by the Shariah Advisory Council of the Securities Commission Malaysia. This makes it a suitable choice for Muslim investors who prioritize halal investments.

Business Segment Breakdown (FY2025)

Key Corporate Developments

📡 ECRL Contract (Feb 2026): Maxis was appointed as the 4G+5G provider for the East Coast Rail Link (ECRL) - one of Malaysia's largest infrastructure projects. This signals strong government confidence in Maxis's technical capabilities for critical national infrastructure.

🏗️ DNB Privatisation (March 2026): Maxis completed its purchase of the Ministry of Finance's stake in Digital Nasional Berhad (DNB) for RM327.87 million. Maxis is now an equal co-owner alongside CelcomDigi and YTL Power in managing Malaysia's national 5G network.

With cumulative DNB investment of ~RM1.1 billion, Maxis has positioned itself as a core stakeholder in Malaysia's 5G ecosystem.

Ownership and Management

Maxis is controlled by Usaha Tegas (via PSIL/PanOcean) with a 62.24% stake. Founder Tan Sri Ananda Krishnan passed away in November 2024 at age 86. Control of the company now rests with his estate and family trusts. The Chairman is Tan Sri Mokhzani Mahathir while CEO Gokhan Ogut leads Maxis's digital transformation strategy.

This section is being refreshed with the latest figures. Please check back soon.

This section is being refreshed with the latest figures. Please check back soon.