Telco M1 struggles to find a fit in Keppel’s transformation plans 

WHEN rumours of a possible merger between StarHub and M1 emerged yet again in May, it caused a bit of a stir among market observers.

To be sure, it was not the first time that such rumours had surfaced. The two telcos had been linked to a possible merger in as far back as 2020.

But, even as the market mulls over the on-again, off-again merger talk, Keppel might do well to shed M1 from its portfolio after all.