Singapore Tech Firm Circles Is Said to Weigh Sale of Digital Arm

Circles Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors, according to people familiar with the matter.

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 ...