M1

OUTLOOK 2026

Mobile resellers face cost hikes as telco consolidation cuts bargaining power

With the Simba-M1 merger, MVNOs could lose bargaining power and thus may have to tie up or exit

StarHub chief executive Nikhil Eapen says the 'structural advantage' that the new entity would have from the 900 MHz spectrum must be "addressed directly".

Additional spectrum from Simba-M1 merger would give new entity ‘structural advantage’, says StarHub

Telcos react to proposed merger; Circles.Life is concerned about the new entity’s pole position in the wholesale market

The merged entity would control 77% of the wholesale market and have a postpaid retail market share exceeding 38%, notes Circles.Life.

Circles.Life raises concerns over M1-Simba deal to IMDA, warns merger could hurt consumers

The telco, which is among M1’s mobile virtual network operators, says the merged entity’s wholesale market share threatens fair competition

Simba and M1 have pledged to retain their popular S$10 and S$12 mobile plans for at least two years, and to maintain pricing for existing customers during that period.
PERSPECTIVE

Rare public consultation on Simba-M1 deal will test our telco values

In an age of cyberthreats and foreign interference, decisions on who controls core infrastructure must go beyond closed-door reviews

The proceedings relate to mobile virtual network arrangements between Liberty Wireless and M1.

Circles.Life parent Liberty Wireless takes M1 to court over network agreement

The proceedings’ outcome is not expected to affect the proposed sale of M1’s telco business

Will the combination of Simba and M1 create a more fearsome competitor?

Simba-M1 deal: Implications for investors

Simba’s acquisition of M1’s telco business will reduce the number of players in Singapore’s telecoms sector, but it might not lead to less intense competition for market share. Senior correspondent Be...

Rameez Ansar, co-founder and chief executive officer of Circles, says that the consolidation will allow technology and customer experience to become the key differentiators.

Circles to benefit from industry consolidation: CEO Rameez Ansar

He believes that there will be less price competition and more focus on innovation

Tuas, the ASX-listed company that owns Simba, shot up 38.1% last week on news of the latter's M1 acquisition
MARK TO MARKET

Simba-M1 deal: Better to be a consumer than an investor in the local telecoms space for now

With two telco brands in its fold that target very different segments of the market, the combined entity could take the fight right to the door of its competitors

Analysts from RHB Group Research recognise how StarHub's acquisition consolidates its leadership in the fibre broadband space with full ownership and access to MyRepublic’s brand equity.
BROKER’S TAKE

StarHub can benefit from consolidation, Singtel to a more ‘limited extent’, analysts say

They also see wider advantages for the industry as competition is generally expected to ease