M1

HOT STOCK

Keppel shares fall as much as 4.6% on M1-Simba deal delay

The counter drops as low as S$11.70 in early trading

Simba has offered S$1.43 billion to Keppel for M1’s telecom business. The merger may have implications on national security, resilience and market competitiveness.
NEWS ANALYSIS

Key considerations hanging over the approval of Simba-M1’s merger

Sector regulator Infocomm Media Development Authority has yet to announce its decision

As the curtain falls on 2025, The Business Times takes stock of a year punctuated by some significant shifts in Singapore’s political and corporate landscape.

Unwrapping 2025: Top 10 Singapore news events

[SINGAPORE] ‘Tis the season to look back. As the curtain falls on 2025, The Business Times takes stock of a year punctuated by some significant shifts in Singapore’s political and corporate landscape....

An analyst notes that MVNOs with select "customer niches” will perform better in Singapore, though such niches may be “sub-scale” in the Republic.
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...