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Who would buy the smallest of Singapore’s 3 telcos

In print this week

Who would buy the smallest of Singapore’s 3 telcos

The Edge Singapore Published on Fri, Mar 24, 2017 / 11:16 AM GMT+8

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SINGAPORE (March 24): When news broke a week ago that M1’s top three shareholders were “conducting a strategic review” of their respective stakes in the mobile network operator.

To many market watcher, this means Malaysia’s Axiata Group, Keppel Telecommunications & Transportation and Singapore Press Holdings, which collectively hold more than 61% of M1, were shopping their stakes to potential buyers.

(See also: Three biggest shareholders of M1 mulling stake sale)

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