Acquiring Company
Huawei and Maxis Communications
Acquired Company
Astro Fibre business
Kuala LumpurMalaysiaManufacturingHardwareHardwareSatellite CommunicationDescription
Maxis Bhd, through subsidiary Maxis Broadband Sdn Bhd, signed a conditional sale and purchase agreement to acquire the Astro Fibre business from Measat Broadcast Network Systems Sdn Bhd for up to RM83 million in cash. The Astro Fibre business is owned by Astro Malaysia Holdings Bhd. The related party transaction will be funded by Maxis' own funds.
Who to call at Huawei and Maxis Communications, and when
When Huawei and Maxis Communications changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Astro Fibre business?
Astro Fibre business was acquired by Huawei and Maxis Communications, based in Kuala Lumpur. The deal was reported on October 23, 2026. Huawei is a telecoms manufacturer and Maxis Communications is a local firm in Malaysia. Huawei and Maxis Communications is privately held and operates in Manufacturing.
When did Huawei and Maxis Communications acquire Astro Fibre business?
Huawei and Maxis Communications's acquisition of Astro Fibre business was reported on October 23, 2026. Maxis Bhd, through subsidiary Maxis Broadband Sdn Bhd, signed a conditional sale and purchase agreement to acquire the Astro Fibre business from Measat Broadcast Network Systems Sdn Bhd for up to RM83 million in cash. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Astro Fibre business do?
Astro Fibre is a high-speed broadband service launched in 2022 by Astro Malaysia Holdings Bhd, bundled with Astro TV packages. It uses fibre infrastructure from Telekom Malaysia in Peninsular Malaysia and CTS Horizon Sdn Bhd in Sabah. It is privately held, operating in Hardware, and is based in Malaysia.
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