M1 is sold to SIMBA

[Chase]

Keppel to sell M1 unit's telco business to Simba Telecom​

https://www.reuters.com/en/keppel-sell-m1-units-telco-business-simba-telecom-2025-08-11/

Aug 11 (Reuters) - Singapore's Keppel said on Monday that it will sell the telecom business of subsidiary M1 Ltd to local company Simba Telecom, in a deal valuing the firm at S$1.43 billion ($1.11 billion), including debt.

Keppel will receive near S$1 billion in cash for its 83.9% effective stake in M1. It will retain the fast growing information and communications technology business, which also includes data centres and subsea cables.

 

[k1976]

Simba Telco parent is Aussie Listed Tuas?

https://tuas.com.au/about.html

 

[Chase]

Simba Telco parent is Aussie Listed Tuas?

https://tuas.com.au/about.html

David Teoh
https://www.forbes.com/sites/jonath...y-singapores-m1-in-deal-valued-at-11-billion/

 

[Chase]

I think it's good for SIMBA
can boost their signal coverage

 

[k1976]

Singapore stock has many many bright future de woh

 

[GOD IS MY DOG]

Simba Telco parent is Aussie Listed Tuas?

https://tuas.com.au/about.html

i was hoping for a real Aussie company............prices might drop mah............

 

[ftan42]

Is it possible that Simba may face a similar fate to Vodafone or Virgin Mobile, which previously entered the Singapore market but ultimately left in the 2000s?