Maxis Berhad (Maxis), Malaysia’s leading integrated communications service provider today announced that its revenue rose 4.0% to RM2,244 million with 1.5% growth in Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) to RM1,123 million for the third quarter ended 30 September 2011.
The increase in revenue was primarily driven by all round increases in both voice and non-voice revenues underlying the Company’s thrust in these areas and the strengthening of its grip on future revenues. The increase in voice revenue was largely due to higher usage, while its non-voice revenue momentum built up over the last few years continued at a solid 8% growth on the back of higher mobile internet usage and wireless broadband (WBB) revenue. Non-voice revenue contributed 44.0% of total mobile services revenue in Q3 2011, up from 42.7% in Q2 2011.
Maxis implemented the planned scale-down of the low-margin hubbing business early this year and as a result of excluding International Gateway Services (IGW) revenues, the comparable revenue stood at RM2,211 million, a 3.9% growth from RM2,128 million posted in Q2 2011.
Maxis continued to deliver industry-leading EBITDA margin at 50.0%, reflecting a tight focus on operational efficiency that continued to rank it among the best performing Telcos in the Asean region
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