Singapore Tech Firm Circles Is Said to Weigh Sale of Digital Arm [Yahoo! Finance]
SINGAPORE TELECOM S/ADR (SGAPY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
telecom services provider Circles.Life amid interest from prospective investors, according to people familiar with the matter. Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump The Singapore-based company is working with a financial adviser as it evaluates a potential sale that could value Circles.Life at a few hundred million dollars, the people said, asking not to be identified because the process is private. Circles plans to retain its software-as-a-service platform, which helps telecommunications companies launch and operate digital brands, the people said. Considerations are ongoing and no final decisions have been made, the people said. A representative for Circles dec
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