M1

Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage

Shares of Keppel fell earlier in the week after IMDA said that Simba could have used radio frequency bands it had not been assigned to provide mobile services.
HOT STOCK

Keppel shares close 4.7% higher after M1-Simba deal falls through

Tuas Ltd says that Simba continues to cooperate with IMDA's investigation into the alleged spectrum breaches by the telco.

Keppel, Tuas confirm M1-Simba deal dead in the water

Singtel group CEO Yuen Kuan Moon says an environment with four telcos is “definitely not sustainable".

Singtel seeks clarity on taking part in telco consolidation; analysts note ‘very high bar’ for approval

Simba triggered a race to the bottom when it entered the market with aggressive price-war tactics.
HOCK LOCK SIEW

Collapse of M1-Simba deal reveals chinks in Singapore’s cursed telco consolidation dream

StarHub says that it “would not want to speculate beyond the information publicly available at this stage”.

Analysts tip StarHub as ‘obvious’ front runner for M1 after Simba merger stalls

Simba may have breached Singapore's Telecommunications Act, if authorities confirm it used unauthorised radio frequency bands.
BT EXPLAINS

M1-Simba deal: What are frequency spectrums and when does their use become unauthorised?

Keppel has disclosed that there were “quite a few” suitors and “more than one” serious bidder for its M1 telco business before it signed the agreement with Simba.
COMMENTARY

Scuttled M1-Simba deal leaves investors with more questions than answers

The proposed divestment of M1's telco business to Simba will be removed from Keppel's announced monetisation for 2025.
HOT STOCK

Keppel shares drop 2.1% after M1-Simba deal falls through

Keppel's focus will be on executing a “Plan B” that it prepared in the event that it retains majority ownership of M1.

Keppel to let M1-Simba deal lapse; M1 to be restructured with focus on ‘rightsizing’