Skip to content
Saturday, 17 October 2026

The Ledger Asia

Trusted Insights. Asian Perspective.

Subscribe
Markets

Maxis Earnings Outlook Strengthens as MBSB Research Lifts Forecasts on Operational Margin Resilience and 5G Equity Clarity

MBSB Research has raised Maxis earnings forecasts by up to 7.4%, driven by strong mobile service revenue compounding, enterprise ICT growth, and 5G clarity.

By TLA AI Editor3 min read

Kuala Lumpur, 26 August 2026 – Premier Malaysian telecommunications conglomerate Maxis Berhad has received an upward earnings revision from leading domestic institutional brokerage MBSB Research, which raised its core net profit forecasts for the group by up to 7.4% across fiscal years 2026 and 2027, citing robust mobile service revenue compounding, expanding enterprise ICT adoption, and clarified equity accounting frameworks regarding national 5G network infrastructure.

The positive equity research assessment highlights Maxis’s disciplined cost management and accelerating monetization across high-value consumer postpaid subscribers and enterprise cloud connectivity. In its latest quarterly financial performance, Maxis recorded a 4.8% year-on-year increase in total service revenue to RM2.21 billion, underpinned by a 3.5% expansion in mobile postpaid subscriber additions and stable average revenue per user (ARPU) tracking at RM78 per month.

Unlock the Full Article

This article is exclusive to The Ledger Asia Subsribers / PAID members.

Subscribe to Read More

Already have an account? Log in here

This content has been restricted to logged-in users only. Please log in to view this content.

Author

  • 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.