Maxis invests RM118 million as Q1 2014 telecom Capex

Maxis said it invested RM118 million as telecom capital expenditure (Capex) in the first quarter of 2014 for network modernization, capacity and quality improvements and 4G coverage expansion.

The investment in telecom and IT infrastructure is primarily aimed at improving customer experience of its mobile users in Malaysia.

“These initiatives throughout 2014 will ensure that Maxis has IT platforms and network that are built to continuously provide the best customer experience. We lead the market in providing the widest high speed network footprint in the country – central to helping customers stay well connected in more locations across Malaysia,” said Morten Lundal, Maxis CEO.

Morten Lundal, Maxis CEO

In a bid to improve mobile data revenues, Maxis introduced Hotlink 4G, family data supplementary lines, hot ticket extra and Active10 in #Hotlink, among others during the last quarter.

Maxis said its first quarter profit rose 2.5 percent to RM488 million against RM476 million in the same period last year.

The company registered a revenue of RM2,119 million for the quarter.

Mobile Internet contributed 27 percent of mobile revenue. During the quarter, mobile revenue was impacted by intentional elimination and significant reduction of non-sustainable revenue from pay per use charges related to data roaming and prepaid data.

editor@telecomlead.com