LATEST NEWS   CelcomDigi formally appoints Albern Murty as chief executive officer effective today | Axiata Group Bhd has appointed Nik Rizal Kamil Nik Ibrahim Kamil to succeed Vivek Sood as Group Chief Executive Officer and Managing Director, effective June 1, 2026. | Maximum Price Control Scheme for CNY 2026 set to be enforced for nine days from Feb 13 - Armizan | Two organised crime syndicates involving losses of over RM4 million in Johor busted - IGP | Malaysia improves its standing in 2025 CPI, rising to 54th from 57th in 2024 — Transparency International | 

Maxis Gets 12-year Spectrum Assignment In 2,100MHz Band From MCMC

KUALA LUMPUR, Oct 6 (Bernama) -- Maxis Bhd has announced that its spectrum assignment, following the Malaysian Communications and Multimedia Commission’s (MCMC) offer in the 2,100 megahertz (MHz) band, carries a 12-year assignment period.

In a filing with Bursa Malaysia on Friday, Maxis said the offer entails 2x10MHz of spectrum, with an upfront payment of RM100 million and cumulative annual payments of RM300 million over the entire assignment period.

At the close, Maxis Bhd’s shares eased one sen to RM3.70 with 1.68 million shares traded.

-- BERNAMA