Proposed StarHub-M1 merger could create stronger rival to Singtel but reduce consumer perks, say analysts

StarHub and Keppel have confirmed they are in discussions regarding a potential merger between StarHub and M1. The talks follow the collapse of a separate proposed acquisition of M1 by rival Simba months prior.

According to analysts, the proposed consolidation could create a stronger competitor against industry leader Singtel. However, experts also warn that the potential merger might lead to a reduction in consumer perks.