Singapore's Keppel is selling its 83.9% stake in subsidiary M1 Ltd to Simba Telecom while retaining the non-telecoms ...

M1 currently has 13.5 per cent of Singapore’s prepaid mobile market, 23.9 per cent of the postpaid mobile market and 15 per ...

Speculation had centred on StarHub instead of Simba as the likely buyer until the announcement. Read more at straitstimes.com ...

Singapore’s Keppel Ltd. is looking to divest its interest in one of the country’s major telecommunication providers for an ...

Keppel said it has agreed to sell its 83.9% stake in Singapore-based mobile carrier M1 to Simba Telecom for almost S$1 ...

Singapore-based Keppel is selling M1’s telecom business to rival Simba Telecom for $1.43 billion, marking the first major ...

GMT - Keppel Ltd.'s proposed sale of M1's telecommunications business is likely to be positive for the Singapore-listed asset manager, Citi analysts Brandon Lee and Arthur Pineda say in a note. The ...

Analysts say the deal may ease intense price competition, and have kept their 'hold' and 'buy' calls on StarHub and Singtel respectively.

Simba, previously known as TPG Singapore, became the Republic's fourth telco in 2016. Read more at straitstimes.com. Read ...

SINGAPORE: Asset manager and operator Keppel says it is selling the telecom business of its subsidiary M1 to rival Simba ...

Singapore's Keppel said on Monday it would receive net cash of S$1 billion ($778.15 million) for its 83.9% stake in ...

Despite M1 impacting Keppel's pro forma EPS negatively, proceeds can be deployed to new funds and/ or dividends enhancing ...