kaboom

dividend have to see in terms of yield %...

Maxis Bhd has received a notice of spectrum reallocation of 900MHz and 1800MHz bands, which would reduce the spectrum available to 2 x 10 MHz and 2 x 20 MHz respectively.

In a statement today, the communications and internet services provider said it noted the MCMC decision to convert the annual Apparatus Assignment fee to an upfront Spectrum Assignment fee with long term certainty for the spectrum.

"We note that MCMC recognises that this fee needs to be seen in the perspective of the continuous high investment level the industry will need to reach national goals.

"We also note the MCMC's focus on expanding the available spectrum for mobile broadband, notably the 700MHz as well as optimising the 2300MHz and 2600MHz bands," it said.

The Gulf kingdom’s biggest telecommunications operator is gauging interest in its 25% holding in Binariang GSM Sdn Bhd, which is the controlling shareholder of Maxis, according to the people. The Riyadh-based company may consider selling the stake to a Malaysian pension fund or another financial investor, two of the people said, asking not to be identified because the information is private.

The Binariang holding gives Saudi Telecom an effective 16.2% interest in Maxis valued at about US$1.8 billion, data compiled by Bloomberg show. Binariang also owns a majority stake in Indian wireless carrier Aircel Ltd, which is merging with larger rival Reliance Communications Ltd. Saudi Telecom hasn’t started a formal auction process for its Binariang stake and could decide to keep it, according to the people.

Issue more share.while profit can't accelerate as such percentage is diluting dividend...

Good also to reduce thier debt..

Sure not me....

What Maxis did right is that it managed to attract and retain high value subscribers, especially businessman and HNWI, who won't bother switching telco just to save a few bucks. So even though many complained about their high charges, it hardly impact their revenue, as their ARPU is high