Maxis to Buy Astro Broadband Assets for Up to RM 83 Million

• Maxis agreed on October 23, 2026, to acquire Astro's broadband business assets through Maxis Broadband for up to RM 83 million.
• The assets belong to Astro subsidiary Measat Broadcast Network Systems, whose broadband business had 178,631 subscribers as of February 28, 2026.
• The full price requires at least 155,000 transferring subscribers; lower transfers trigger reductions.
• Completion is expected in the second quarter of 2027, subject to Astro shareholder approval and a Malaysian communications regulator notification.
• Internal funds will finance the acquisition, which aims to expand the buyer's fiber subscriber base.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Maxis Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3718256) on October 23, 2026, and is solely responsible for the information contained therein.