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Sunday 30 July 2017

Maxis Berhad (KLSE : 6012) - Actions Speak Louder Than Words

On 28 June, a local newspaper TheStar reported that the fourth-largest mobile operator U Mobile Sdn Bhd is terminating its network sharing and alliance agreement with Maxis Bhd which was signed in 2011.

Maxis said, on 23 June, Maxis Broadband had received a letter from U Mobile to end the agreement. This was pursuant to a termination for convenience option available to U Mobile.

More news, U Mobile ends network sharing deal with Maxis

Daily chart.

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Source : 
1) Metastock
2) www.thestar.com.my

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