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Speculation had centred on StarHub instead of Simba as the likely buyer until the announcement. Read more at straitstimes.com ...
Simba is known for its low-cost, high-data mobile plans and this could pressure other telcos to cut their prices, one analyst ...
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] Keppel’s planned sale of M1’s telco business is expected to result in a S$222 million accounting loss, but the move is “important” for transforming into an asset-light company, said Keppel ...
The deal excludes M1’s information and communications technology businesses. Keppel will receive close to $1.0 billion in cash proceeds for its 83.9% effective stake in M1.
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 ...
Citi Research and HSBC Global Research believe Simba’s takeover of M1 could lift margins for StarHub and Singtel. StarHub may ...
Simba, previously known as TPG Singapore, became the Republic's fourth telco in 2016. Read more at straitstimes.com. Read ...
SINGAPORE - Simba Telecom’s acquisition of rival M1 is expected to create a stronger competitor to Singtel and StarHub, but ...
Singapore’s fourth-largest mobile operator, Simba Telecom, has agreed to acquire M1The acquisition would result in the ...
SINGAPORE] Recent surprise acquisitions in Singapore’s telecommunications space may have raised eyebrows, but analysts see ...
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