{"id":954247,"date":"2025-08-12T10:26:50","date_gmt":"2025-08-12T04:56:50","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=954247"},"modified":"2025-08-12T11:04:53","modified_gmt":"2025-08-12T05:34:53","slug":"singapores-keppel-to-sell-m1-stake-to-simba-telecom-for-a-net-778-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/08\/12\/singapores-keppel-to-sell-m1-stake-to-simba-telecom-for-a-net-778-million\/","title":{"rendered":"Singapore&#8217;s Keppel to sell M1 stake to Simba Telecom for a net $778 million"},"content":{"rendered":"<p>SINGAPORE: Singapore&#8217;s Keppel is selling its 83.9% stake in subsidiary M1 Ltd to Simba Telecom while retaining the non-telecoms operations of its unit in a deal that will give the asset manager net cash of S$1 billion ($778.15 million). <\/p>\n<p>Keppel said on Monday it will sell M1&#8217;s telecoms operations for an enterprise value of S$1.43 billion, and retain the fast-growing information and communications technology business, which also includes data centres and subsea cables.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE: Singapore&#8217;s Keppel is selling its 83.9% stake in subsidiary M1 Ltd to Simba Telecom while retaining the non-telecoms operations of its unit in a deal that will give the asset manager net cash of S$1 billion ($778.15 million). Keppel said on Monday it will sell M1&#8217;s telecoms operations for an enterprise value of S$1.43 billion, and retain the fast-growing information and communications technology business, which also includes data centres and subsea cables.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-954247","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/954247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=954247"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/954247\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=954247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=954247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=954247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}