Slippery When Wet is what Maxis is READ : Maxis claims ' net profit decreases 5.4pc to RM1.31 billion for FY21 due to heavy investments to strengthen network, fibre coverage.
The damage is done
Maxis spend RM1.2 billion on capital expenditure, which is less than the RM1.3 billion, it gave away to its rich shareholders as dividend.
CAN Maxis drastically cut dividends and invest much more on say 5G infrastructure, as suggested by those hidden hands trying to kill Digital Nasional Bhd?
Maxis cannot cut the dividend by much. Do remember that up until 2015 MAxIS WAS BORROWING MONEY TO PAY DIVIDENDS.
So why can't Maxis reduce its dividend by much? READ : Maxis Broadband Sdn Bhd's RM9.4 billion Debt.
Based on Maxis RM1.2 billion capital expenditure, If we are foolish enough to allow Maxis to build the 5G highway for us, it will only be fully ready by 2032!!!, I guess