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General

M1 strikes network asset monetisation deal with Keppel

Tuesday 19 October 2021 | 14:04 CET | News
Singapore operator M1, a subsidiary of Keppel Corporation, and Keppel DC REIT, have signed agreements for a proposed investment by Keppel DC REIT into M1 Network Private (NetCo), a newly incorporated company, which will own M1's mobile, fixed and fibre assets (network assets). This follows the announcement on 28 April when M1 and Keppel DC REIT Management, as manager of Keppel DC REIT, have signed a non-binding term sheet for the proposed investment in M1's network assets.

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Categories: General
Companies: M1
Countries: Singapore
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