Maxis enhances network investment in Q2 2016

Maxis LTE investment
Malaysian telecom network operator Maxis last week said its Capex (capital expenditure) grew to RM 333 million in Q2 2016 from RM 218 million in Q2 2015.

Maxis CEO Morten Lundal said: “We invested over RM 1.3 billion last year, and we’re going to invest the same amount this year, which is substantially more than other industry players.”

Maxis claims that its LTE network has reached 80 percent of the population, covering more than 220 cities and towns — supported by more than 13,000 km fiber.

Maxis revealed that the average mobile internet usage has grown from 1.7GB to 2.5GB in the last 3 months.

In order to enhance data consumption among pre-paid mobile subscribers, Maxis offered free 2GB of 4G Internet every weekend for life.

This apart, Maxis has also upgraded over a million customers overnight with up to 5x more data and introduced more ways to use the data.

The company said that its MaxisONE Share with new shareable DataPool allows MaxisONE customers to share data with anyone and across all their other phones and tablets – in Malaysia and overseas.

“We are progressing well to become a fully digitalised Maxis where most of our interactions with our customers are digital, we move from products to solutions and we are fully digitalised in the way we operate as a company,” Morten Lundal said.

Despite significant increase in network infrastructure, service revenue of Maxis fell slightly to RM 2,055 million from RM 2,089 million. Maxis has generated postpaid revenue of RM 975 million and prepaid revenue of RM 959 million in Q2.

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