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Who owns Simba; what deal means for consumers
August 12, 2025
|The Straits Times
Keppel will be selling the telecommunications business of its subsidiary M1 to rival Simba Telecom for $1.43 billion.
The sale has been widely anticipated by market watchers. But speculation had centred on StarHub instead of Simba as the likely buyer.
The Straits Times explains who owns Simba, Singapore's fourth telco, and what the sale means to consumers.
WHO OWNS SIMBA?
Simba, previously known as TPG Singapore, became the Republic's fourth telco in 2016 after winning an airwave auction held by then regulator Infocomm Development Authority, which has since become the Infocomm Media Development Authority.
Simba is owned by Australia-listed company Tuas, incorporated in March 2020 as part of the Australian TPG Group. After a merger between TPG Australia and Vodafone Hutchison Australia in June 2020, the Singapore mobile business was separated from the broader TPG Group and all its shares were transferred to Tuas.
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