Categories: News

Maxis CEO Morten Lundal is leaving the company in early 2018

Maxis CEO, Morten Lundal will be leaving the company after almost 5 years on the job. He joined Maxis in 2013 and had played a major role in transforming Maxis into what it is today. He will be leaving Maxis on 31 March 2018.

Prior to joining Maxis, Morten was the Group CCO at Vodafone on the group level and before that, he held the role of regional CEO in Central Europe and Africa. The Norwegian was also the CEO of Digi from 2004 to 2008.

Based on the recent quarterly report, Maxis had reported an operating profit of RM1.2 billion and profit after tax of RM562 million for Q3 2017. These are the highest recorded numbers for Maxis in more than 5 years. At the moment, Maxis has 10.1 million subscribers, while their 4G LTE network covers 89% of the population.

Below is the official statement from Maxis.

Maxis CEO will be leaving upon contract expiry

NEWS RELEASE
For immediate release
Kuala Lumpur, 3 November 2017

Maxis Berhad announced today that Morten Lundal, CEO of Maxis Berhad will be leaving the Company upon the expiry of his contract on 31 March 2018. The Board will announce his successor in due course. The Board wishes to thank Morten for his valuable contributions and services to the Company. The Company’s announcement to Bursa Securities dated 3 November 2017 refers.

Recent Posts

Malaysia Airlines’ new A330neo grounded temporarily due to production issues

Malaysia Airlines has temporarily grounded its brand new Airbus A330neo after completing four commercial flights.…

13 hours ago

Proton e.MAS 7: Here’s how much it cost to maintain this EV

Pro-Net recently revealed that you only need to service the new Proton e.MAS 7 EV…

2 days ago

Proton e.MAS 7: How much does it cost to replace the tyres?

The Proton e.MAS 7 is one of the most value for money SUVs at the…

2 days ago

Samsung to launch its new AI-powered home appliances with improved ecosystem integration at CES 2025

Samsung has announced that it will be holding its press conference titled "AI for All:…

2 days ago

SoyaCincau Awards 2024: The Best Phones of the Year

Modern smartphones are very capable computing devices, thanks to powerful hardware trickling down the price…

3 days ago

CelcomDigi offers 5G Home WiFi at RM69/month for Postpaid customers

If you're a CelcomDigi Postpaid 5G customer and can't get fibre broadband for your home,…

3 days ago

This website uses cookies.