CNA

IMDA suspends review of Simba's proposed acquisition of M1 amid probe into potential regulatory breach

During its review of the deal, IMDA learned that Simba may have been using radio frequency bands that had not been assigned to it to provide mobile services.

Simba-M1 merger is off, but industry consolidation will come

Consolidation is necessary for Singapore’s overcrowded telco market to prevent a destructive price war. Read more at straitstimes.com. Read more at straitstimes.com.

Keppel to allow Simba’s bid for subsidiary M1 to lapse, explore new buyers

Keppel will seek new buyers for M1 as Simba's acquisition bid is set to lapse amid a regulatory probe into alleged breaches. Read more at straitstimes.com. Read more at straitstimes.com.
AsiaOne

Suspension of M1-Simba merger assessment: What are radio frequency bands and why telcos are assigned them

Singapore's Infocomm Media Development Authority (IMDA) on Monday (May 18) announced the suspension of an ongoing assessment ...

Singapore halts Simba-M1 merger review, casting doubt on Keppel's $1 bln sale

Singapore's ​regulator suspended on Monday its review of a merger between Simba Telecom and M1, casting ‌doubt on Keppel's planned sale valuing M1 at about S$1.43 billion ($1.12 billion) and sending ...

Singapore telecom regulator suspends review of M1, Simba merger

SINGAPORE, May 18 (Reuters) - Singapore's Infocomm Media Development Authority said on Monday it has suspended its review of a merger between telecom companies Simba Telecom and Keppel's M1. The ...