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

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 ...

Singaporean company Keppel has today announced plans to sell M1's telecom business to Simba Telecom for an enterprise value ...

Singapore's Keppel said on Monday that it will sell the telecom business of subsidiary M1 Ltd to local company Simba Telecom, ...

Simba has now vaulted from insurgent to full-spectrum competitor. It is now the apex predator of Singapore’s mobile ...

The deal excludes M1’s information and communications technology businesses. Keppel will receive close to $1.0 billion in ...

Keppel will receive close to S$1.0 billion in cash proceeds for its 83.9% effective stake in M1, while retaining M1’s ...

One view is that an enlarged Simba with its surprise takeover of M1 could lead to more intense competition. Read more at ...

Global asset manager Keppel has entered into a share purchase agreement to divest its subsidiary M1’s telco business to ...

Asset manager and operator Keppel said on Aug 11 it is selling the telecom business of its subsidiary M1 to rival Simba ...

Keppel Ltd (Keppel) is divesting M1’s telco business to Simba Telecom for an enterprise value of S$1.43 billion in an all-cash deal.