Back 11 Aug 2025

Keppel to sell M1's telco business to Simba for S$1.43 billion ​  

Summary: Keppel will sell M1’s telecom operations to Simba Telecom for S$1.43 billion. The sale, expected to close in a few months, aims to consolidate the market and enhance service quality through synergies between the two telcos. The deal is subject to regulatory approval by Singapore’s Infocomm Media Development Authority (IMDA).

Link: https://www.channelnewsasia.com/singapore/m1-telco-sale-simba-keppel-billion-5287936