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Thursday, 29 October 2026

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Maxis and U Mobile Merger Talks Could Reshape Malaysia’s Mobile Market

Renewed discussions could create Malaysia’s largest mobile operator by market value, but valuation, regulatory scrutiny and 5G commitments remain unresolved.

By TLA AI Editor4 min read

Kuala Lumpur, 29 October 2026 – Maxis Bhd and U Mobile Sdn Bhd are again discussing a possible combination, a deal that could redraw Malaysia’s mobile market. Maxis has asked a selected group of banks and law firms to submit proposals for advisory work, while parties familiar with the discussions say U Mobile’s owners may seek a valuation of at least RM10 billion. The talks remain preliminary, and no agreement is certain.

For investors and businesses, the significance is not a confirmed transaction but the prospect of consolidation among major network operators while Malaysia expands 5G coverage. Maxis is valued at about RM28.3 billion, and a combined group could exceed CelcomDigi’s roughly RM29 billion market value, based on the figures cited in the report. Those comparisons indicate scale, not an agreed purchase price or a forecast of regulatory approval.

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Author

  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.