Maxis’ share price slightly higher on 5G roll-out talks

Business & Finance
9 Feb 2022 • 1:52 PM MYT
Malay Mail
Malay Mail

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At 12.30pm, Maxis rose six sen to RM4.32 with 1.31 million shares changing hands. ― Picture by Firdaus Latif

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KUALA LUMPUR, Feb 9 ― Maxis Bhd's shares were slightly higher at midday today, following talks on its 5G network roll-out.

At 12.30pm, Maxis rose six sen to RM4.32 with 1.31 million shares changing hands.

According to a report by a local online news platform, Maxis chief executive officer, Gokhan Ogut said the group is in the midst of talks with the government to determine the 5G network roll-out to consumers.

The report quoted Ogut as saying that Maxis has been working with the regulators and the Ministry of Communications and Multimedia.

“What I can tell you is that we are ready to launch 5G anytime our regulators and ministry decide that it is the right time,” he said in the news report. ― Bernama