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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