- Circles Global explores sale of digital telco unit while retaining SaaS business
- Company operates across five Asian markets through MVNO model
- Sale consideration highlights value of mobile virtual network operators
Strategic Divestment Plan
Circles Global, backed by Warburg Pincus, considers selling Circles.Life digital telecommunications unit while retaining its SaaS platform.
The potential sale could value the MVNO provider at several hundred million dollars, according to sources familiar with the matter.
Market Position
Circles.Life, launched in 2016, operates as mobile virtual network operator across multiple markets including Singapore, Taiwan, Australia, Indonesia, and Japan.
The company leverages M1’s network infrastructure in Singapore, competing in a market dominated by established players like Singtel and StarHub.
Strategic Evolution
The proposed sale reflects shifting priorities as Circles Global focuses on its software platform business.
The company maintains partnerships with telecom operators across 15 countries, supported by notable investors including Peak XV Partners (formerly Sequoia Capital India), EDBI, and Founders Fund.
