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

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

SINGAPORE: Asset manager Keppel said on Monday (Aug 11) it will sell M1's telecom operations to operator Simba Telecom for an ...

Keppel Ltd. has agreed to sell Singapore telecom operator M1 at an enterprise value of 1.43 billion Singapore dollars, equivalent to US$1.11 billion, as it moves to simplify its business. The ...

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 ...

Keppel will receive close to S$1.0 billion in cash proceeds for its 83.9% effective stake in M1, while retaining M1’s fast-growing ICT business which complements Keppel’s integrated connectivity ...

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

Singapore’s telecommunications sector is seeing a fresh wave of consolidation, with StarHub completing its S$105.2 million (RM345 million) purchase ...

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

SINGAPORE] Developments of telecommunications companies consolidating dominated this week, after many years of speculation.

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.