Top Telecoms in Malaysia | Malaysia’s Largest Telecoms
Marcopolis.net has complied the latest ranking of the top telecom companies in Malaysia. Currently, the largest telecom operator in Malayisa is Maxis with 38.1% market share, followed by Celcom with 33.7% market share and Digi with an estimated 28.2% market share.
Top Telecoms in Malaysia
Malaysia’s Largest Telecoms
The telecommunications sector in Malaysia has had significant growth in the last few decades. The primary regulator of telecommunications in Malaysia is the Malaysian Communications and Multimedia Commission (MCMC).
Regulatory reforms and market liberalization play a big part in creating competition and structural reforms in the industry. The major telecommunication companies in Malaysia are TM Berhad, Celcom, and Maxis.
The Malaysian telecom industry experienced significant growth in recent years. Mobile penetration grew from 98.9% in 2008 to 141.2% in 2013, while mobile subscribers grew to 41.9 million at a rate of 54% during the same period. 2013 was a pivotal year for Malaysia’s mobile industry as Maxis lost its market leadership to Celcom.
Marcopolis.net has complied the latest ranking of the top telecom companies in Malaysia. Currently, the largest telecom operator in Malayisa is Maxis with 38.1% market share, followed by Celcom with 33.7% market share and Digi with an estimated 28.2% market share.
The List of Top 10 Telecoms in Malaysia
| Rank | Company | Country | Industry | Market Value ($ bil) | Market Share in % | Total Assets | Description |
|---|---|---|---|---|---|---|---|
| 1 | Malaysia | Telecommunications | 14.3 billion USD | 38.1% | 7.1 billion USD | Maxis is the only integrated communications service provider in Malaysia and has been ahead of competitors technologically since their creation in 1995. Today, the bulk of Maxis customers are pre-paid mobile plan users, and account for over three quarters of its total customers, which is approximately 10.5 billion users. The company has a market cap of 14.3 billion USD and assets worth over 7.1 billion USD. Maxis is the largest telecom in Malaysia. | |
| 2 | Malaysia | Telecommunications | 17 billion USD (Axiata) | 33.7% | 11.8 billion USD (Axiata) | Axiata- Formerly known as TM International, the company was rebranded in 2009 and given a new name and logo. Today, Axiata is one of Asia’s largest telecommunications company. It has a market cap of 15.2 billion USD and total assets of about 11.8 billion USD. Axiata has a market capitalization of 17 billion USD.Celcom is a company, which is part of the Axiata group and was established in 1988. It is the oldest telecommunications company in Malaysia. It successfully introduced the Malaysian market to mobile telephones, as it was one of the very few companies in Malaysia to have a cellular phone license. Axiata, which owns Celcom, has a market cap of 17 billion USD. Celcom is the second largest telecom in Malaysia. | |
| 3 | Malaysia | Telecommunications | 13.7 billion USD | 28.2% | Digi Telecommunications is a top mobile service provider in Malaysia and is owned by Norwegian company Telenor ASA. Digi launched a fully digital cellular network in 1995, and was the first company in Malaysia to do so. Digi has a market cap of 13.7 billion USD. Third largest telecom in Malaysia. | ||
| 4 | Malaysia | Telecommunications | 7.2 billion USD | Telekom Malaysia (TM) was established in 1946 as the Telecommunications Department of Malaya, and was privatized 41 years later. To focus more on the fixed line telecommunications business, Telekom Malaysia separated its mobile telecommunication services from its main business in 2008. Telekom Malaysia has a market capitalization of 7.2 billion USD. | |||
| 5 | Malaysia | Telecommunications | U Mobile was launched in 1998 and formerly known as MiTV. Today, U Mobile is wholly owned by U Television holding group. | ||||
| 6 | Malaysia | Telecommunications | TIME dotcom (TIME) is a fixed-line telecommunications provider, with business reaching across the Asia-Pacific region. The company dates back to 1996, and was listed on Malaysia’s Main Market five years later. TIME is part of the AIMS Group of Companies. The company has a market cap of 853 million USD. |