Malaysia Telecom Industry Overview
The Malaysian telecom market is semi-consolidated, with major players like YTL Communications Sdn Bhd, Ansar Mobile (Redtone Digital Berhad), Celcomdigi Berhad, Maxis Berhad, and ONE XOX Sdn Bhd (XOX Sdn Bhd) operating in the market. Market players are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantages.
- April 2024 - U Mobile Sdn Bhd launched its first store in East Malaysia, located at Imago Shopping Mall, Kota Kinabalu, Sabah. The move highlighted the telco’s continuing efforts to expand its reach further and enhance customer engagement in the state. The full-service store is poised to provide customers with the complete range of U Mobile’s offerings and mobile digital experiences, such as an exclusive gaming corner for customers to test the power of U Mobile 5G.
- December 2023 - XOX Com entered into a Memorandum of Understanding (MoU) to discuss and explore business cooperation between the two parties, especially in the field of white-label mobile services, and to improve the digital lives of students from higher education institutions of Malaysia under the MYSISWA Program, particularly students from the UCSI University.
Malaysia Telecom Market Leaders
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YTL Communications Sdn Bhd
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Ansar Mobile (Redtone Digital Berhad)
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Celcomdigi Berhad
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Maxis Berhad
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ONE XOX Sdn Bhd (XOX Sdn Bhd)
- *Disclaimer: Major Players sorted in no particular order
