Simba-M1 deal setback dims hopes for telco tie-ups: report
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The stalled Simba-M1 merger in Singapore has dimmed hopes for near-term telecom sector consolidation, leaving operators exposed to pricing pressure and competition from virtual telcos. While RHB notes this is a short-term negative, long-term consolidation remains likely. StarHub's Antina 5G venture could serve as a basis for future mergers, with renewed discussions between Keppel and StarHub possible. Meanwhile, mobile market conditions remain challenging due to price cuts and weaker roaming revenue.
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