Maxis stock slips 1.39 percent as network capacity expands

Maxis stock was trading at MYR 3.560 on Bursa Malaysia on September 24, 2026, down 1.39 percent on the session. The move came as the Malaysian telecom company highlighted a network upgrade aimed at artificial intelligence and enterprise connectivity.

Network capacity reaches 1.2 terabits

Maxis deployed Nokia optical transport technology across its nationwide and cross-border infrastructure, according to BernamaBiz in a report dated September 7, 2026. The system can deliver up to 1.2 terabits per second of capacity per channel.

Maxis Business has connected more than 50 data centers nationwide, the report said. The upgrade doubles the carrying capacity of existing fiber through C+L band technology, giving the enterprise unit additional room for data center interconnects, AI workloads and high-capacity media traffic.

Mobile share rises in Q2

Maxis mobile revenue market share reached 43.6 percent in Q2 2026, increasing 0.2 percentage point from the prior quarter, according to The New Straits Times. The same report said Maxis delivered a quarter in line with expectations, supported by stronger EBITDA margins across the telecom sector.

The comparison matters because the broader mobile service market grew only 0.3 percent year over year in Q2 2026, while postpaid revenue rose 1.8 percent and prepaid revenue declined 1.9 percent. Maxis therefore enters the next quarter with a larger mobile revenue share even as prepaid demand remains under pressure.

Shares remain near the yearly floor

Maxis stock was up 1.14 percent from the start of 2026 on September 24, 2026, but its five-day performance stood at negative 6.07 percent. The combination places the session decline in a wider short-term pullback, while the network investment provides a concrete operating metric for assessing enterprise growth.

For investors, the key figures are the 43.6 percent mobile revenue share and the 1.2 terabits per second optical capacity. Together, they connect Maxis' current market position with an infrastructure investment designed for higher data traffic.