<p>【新加坡】信息通信媒體發展局（IMDA）於週一（5 月 18 日）宣佈，已暫停對 M1 與 Simba 之間擬議合併的評估，直至另行通知。</p>
<p>IMDA 表示，在審查進行期間，它瞭解到 Simba 可能使用了未分配給該電信公司的無線頻率帶來提供移動服務。</p>
<p>“這將構成對頻譜的未經授權使用，違反了 1999 年《電信法》和 Simba 的設施基礎運營許可證的條件，” IMDA 表示。</p>
<p>該機構補充説，它正在調查此事，並 “如果確認，將採取適當的執法行動”。</p>
<p>“由於調查結果可能對 IMDA 對擬議合併的評估產生重要影響，IMDA 決定在調查結束之前暫停對擬議合併的審查。”</p>
<p>IMDA 指出，該機構一直在根據電信和媒體競爭法典中設定的框架評估擬議交易。</p>
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<p>這涉及評估合併是否會 “顯著減少競爭或引發公眾利益關注”。</p>
<p>這還包括確保關鍵電信基礎設施的運營符合在網絡安全風險加劇的環境中所需的嚴格網絡安全要求。</p>
<p>“由於 M1（收購目標）在新加坡運營大型移動和寬帶網絡，因此評估必然是詳細和全面的，” IMDA 表示。</p>
<p>另見</p>
<p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/75e83964cf805d436d9b37e667dfa7602d9bc0087c42df023c93d7b547c414b9/query-ZHByPTEmZj13ZWJwJnc9MjQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/75e83964cf805d436d9b37e667dfa7602d9bc0087c42df023c93d7b547c414b9/query-ZHByPTEmZj13ZWJwJnc9MjQw"/></p>
<h3>吉寶與 Simba 電信同意延長擬議 M1 交易的最後期限</h3>
<p>對此公告，吉寶在 2025 年 8 月提出以 143 億新元的企業價值將 M1 的電信業務出售給 Simba 的提議表示 “尊重其決定”。</p>
<p>“在等待 IMDA 評估結果的同時，我們也在制定 B 計劃，以防吉寶保留 M1 的多數股權，我們現在將開始執行，” 吉寶在週一的聲明中表示。</p>
<p>這家資產管理公司表示，其打算專注於 “提升 M1 的效率，以改善其運營 EBITDA，通過調整公司規模和降低成本，而不影響客户體驗”。</p>
<p>這也是為了應對新加坡電信行業面臨的 “重大挑戰”，它補充道。</p>
<p>吉寶表示，將立即啓動一項為期 90 天的計劃，以推動 M1 的效率。</p>
<p>該計劃包括降低技術平台成本和網絡成本，利用人工智能進行自動化，以及產品合理化。更多細節將在吉寶 2026 年上半年業績公告中分享。</p>
<p>“即使在推動 M1 的效率時，我們相信新加坡的電信行業需要並將受益於合併，吉寶仍然對剝離機會持開放態度，” 該資產管理公司表示。</p>
<p>雖然在 2026 年實現 20 億至 30 億新元的非核心資產變現的目標 “保持不變”，吉寶表示，擬議剝離吉寶在 M1 電信業務中的股份將從其宣佈的 2025 年變現計劃中移除。</p>
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吉寶企業

<p>信息通信媒體發展局（IMDA）已暫停對擬議的 M1-Simba 合併的評估，原因是對 Simba 未經授權使用無線電頻段的擔憂。調查將確定這一違反《電信法》的行為是否會影響合併的批准。提出收購的吉寶企業正在制定應急計劃，以提高 M1 的效率，同時等待 IMDA 審查的結果</p>

<p>[SINGAPORE] The Infocomm Media Development Authority (IMDA) announced on Monday (May 18) that it has suspended its assessment of the proposed consolidation between M1 and Simba until further notice.</p>
<div class="lb-trans"><p>【新加坡】信息通信媒體發展局（IMDA）於週一（5 月 18 日）宣佈，已暫停對 M1 與 Simba 之間擬議合併的評估，直至另行通知。</p>
</div><p>The IMDA said that while the review was in progress, it learnt that Simba could have been using radio frequency bands that were not assigned to the telco to provide mobile services.</p>
<div class="lb-trans"><p>IMDA 表示，在審查進行期間，它瞭解到 Simba 可能使用了未分配給該電信公司的無線頻率帶來提供移動服務。</p>
</div><p>“This would constitute unauthorised use of frequency spectrum, which is a breach of the Telecommunications Act 1999 and the conditions of Simba’s Facilities Based Operations Licence,” IMDA said.</p>
<div class="lb-trans"><p>“這將構成對頻譜的未經授權使用，違反了 1999 年《電信法》和 Simba 的設施基礎運營許可證的條件，” IMDA 表示。</p>
</div><p>The authority added that it is investigating the matter and “will take the appropriate enforcement actions if it is established”.</p>
<div class="lb-trans"><p>該機構補充説，它正在調查此事，並 “如果確認，將採取適當的執法行動”。</p>
</div><p>“As the investigation findings may be material to IMDA’s assessment of the proposed consolidation, IMDA has decided to suspend its review of the proposed consolidation until the investigation has been concluded.”</p>
<div class="lb-trans"><p>“由於調查結果可能對 IMDA 對擬議合併的評估產生重要影響，IMDA 決定在調查結束之前暫停對擬議合併的審查。”</p>
</div><p>The authority has been assessing the proposed deal according to the framework set out in the Telecom and Media Competition Code, IMDA noted.</p>
<div class="lb-trans"><p>IMDA 指出，該機構一直在根據電信和媒體競爭法典中設定的框架評估擬議交易。</p>
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</div><p>This entails evaluating whether the consolidation would “significantly lessen competition or raise public interest concerns”.</p>
<div class="lb-trans"><p>這涉及評估合併是否會 “顯著減少競爭或引發公眾利益關注”。</p>
</div><p>It also includes ensuring that the operation of critical telecommunications infrastructure meets the stringent cybersecurity requirements necessary in a heightened cyber risk landscape.</p>
<div class="lb-trans"><p>這還包括確保關鍵電信基礎設施的運營符合在網絡安全風險加劇的環境中所需的嚴格網絡安全要求。</p>
</div><p>“Since M1 (the target of the acquisition) operates large mobile and broadband networks in Singapore, the assessment has necessarily been detailed and thorough,” said IMDA.</p>
<div class="lb-trans"><p>“由於 M1（收購目標）在新加坡運營大型移動和寬帶網絡，因此評估必然是詳細和全面的，” IMDA 表示。</p>
</div><p>SEE ALSO</p>
<div class="lb-trans"><p>另見</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://cassette.sphdigital.com.sg/image/businesstimes/75e83964cf805d436d9b37e667dfa7602d9bc0087c42df023c93d7b547c414b9/query-ZHByPTEmZj13ZWJwJnc9MjQw" alt="" original-src="https://cassette.sphdigital.com.sg/image/businesstimes/75e83964cf805d436d9b37e667dfa7602d9bc0087c42df023c93d7b547c414b9?w=240&amp;dpr=1&amp;f=webp"/></p>
<h3>Keppel, Simba Telecom agree to extend long-stop date for proposed M1 deal</h3>
<div class="lb-trans"><h3>吉寶與 Simba 電信同意延長擬議 M1 交易的最後期限</h3>
</div><p>In response to the announcement, Keppel which in August 2025, proposed to sell M1’s telco business to Simba at S$1.43 billion enterprise value in an all-cash deal, said that it “respect its decision”.</p>
<div class="lb-trans"><p>對此公告，吉寶在 2025 年 8 月提出以 143 億新元的企業價值將 M1 的電信業務出售給 Simba 的提議表示 “尊重其決定”。</p>
</div><p>“While awaiting the outcome of IMDA’s assessment, we have also been working on a Plan B, in case Keppel retains majority ownership of M1, which we will now start executing,” said Keppel in a statement on Monday.</p>
<div class="lb-trans"><p>“在等待 IMDA 評估結果的同時，我們也在制定 B 計劃，以防吉寶保留 M1 的多數股權，我們現在將開始執行，” 吉寶在週一的聲明中表示。</p>
</div><p>The asset manager said it intends to focus on “enhancing M1’s efficiency to improve its run rate EBITDA, through rightsizing the company and reducing costs, without adversely affecting customer experience”.</p>
<div class="lb-trans"><p>這家資產管理公司表示，其打算專注於 “提升 M1 的效率，以改善其運營 EBITDA，通過調整公司規模和降低成本，而不影響客户體驗”。</p>
</div><p>This is in response to the “significant challenges” plaguing the telecommunication industry in Singapore, it added.</p>
<div class="lb-trans"><p>這也是為了應對新加坡電信行業面臨的 “重大挑戰”，它補充道。</p>
</div><p>A 90-day plan to drive M1’s efficiency will be activated “with immediate effect”, said Keppel.</p>
<div class="lb-trans"><p>吉寶表示，將立即啓動一項為期 90 天的計劃，以推動 M1 的效率。</p>
</div><p>This plan includes reducing technology platform costs and network costs, using Artificial Intelligence for automation, as well as product rationalisation. More details are to be shared during Keppel’s H1 2026 results announcement.</p>
<div class="lb-trans"><p>該計劃包括降低技術平台成本和網絡成本，利用人工智能進行自動化，以及產品合理化。更多細節將在吉寶 2026 年上半年業績公告中分享。</p>
</div><p>“Even as we undertake the efficiency drive at M1, we believe that the telecommunication industry in Singapore needs and will benefit from consolidation and Keppel remains open to opportunities for divestment,” the asset manager said.</p>
<div class="lb-trans"><p>“即使在推動 M1 的效率時，我們相信新加坡的電信行業需要並將受益於合併，吉寶仍然對剝離機會持開放態度，” 該資產管理公司表示。</p>
</div><p>While the target to monetise S$2-S$3 billion of non-core assets in 2026 “remains unchanged”, Keppel said that the proposed divestment of Keppel’s stake in M1’s telecommunication business will be removed from its announced monetisation for 2025.</p>
<div class="lb-trans"><p>雖然在 2026 年實現 20 億至 30 億新元的非核心資產變現的目標 “保持不變”，吉寶表示，擬議剝離吉寶在 M1 電信業務中的股份將從其宣佈的 2025 年變現計劃中移除。</p>
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</div>

IMDA 暫停對擬議的 M1-Simba 合併的評估，等待頻譜使用調查結果