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Could telco consolidation spell the end of attractive mobile plans?
The deals involving Simba-M1 and StarHub-MyRepublic mark a sea change for the industry but do not have to result in poorer outcomes for consumers.
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Simba Telecom made a $1.43 billion bid for rival M1’s telecom unit on Aug 11, and a day later, StarHub completed its takeover of the fixed broadband business of MyRepublic.
PHOTO: LIANHE ZAOBAO
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Fourth telco Simba Telecom surprised the industry on Aug 11 when it made a $1.43 billion bid
The rumour mills had been rife with talks of an M1-StarHub merger since 2020, when the duo joined hands to win one of two licences to operate a nationwide 5G network.

