Half a million new subscribers for Maxis in 1Q

Maxis Communications has reported a 35% increase in net profit for the three months ended 31 March 2005 to MYR439 million on the back of strong subscriber growth and higher data services usage. The company added 546,000 new customers to its ranks in the quarter, helping revenues rise to 5% to MYR1.58 billion. Data revenues grew 12% to MYR239 million, accounting for 15.8% of mobile revenues.