PETALING JAYA: Maxis Bhd has accepted an award from the Malaysian Communications and Multimedia Commission (MCMC) for an additional 2x10MHz spectrum assignment in the 2,600MHz band, involving total fees of RM287mil.

In a filing with Bursa Malaysia, the telecommunications group said its relevant wholly-owned subsidiary, which is licensed under the Communications and Multimedia Act 1998, accepted the award on Oct 15, 2026.

The spectrum assignment carries an upfront fee of RM203mil and an annual fee component totalling RM84mil over the four-year assignment period.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.