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David Teoh’s $1.4b Singapore telco expansion on ice due to regulator issues
The country’s telecommunications authority says Tuas’ mobile phone brand may have breached the law by using unapproved radio waves, sending its shares sharply lower.
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5 prospettive sulla stessa storiaTimeline cronologica
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straitstimes.com
IMDA suspends review of proposed telco merger between Simba and M1
IMDA learnt that Simba could have been using radio frequency bands to provide mobile services without authorisation. Read more at straitstimes.com. Read more at straitstimes.com.
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IMDA suspends review of proposed Simba-M1 merger amid probe
Singapore's IMDA has suspended its review of the proposed Simba-M1 telco merger due to an investigation into potential regulatory breaches. Read more at straitstimes.com. Read…
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channelnewsasia.com
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.
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afr.com
David Teoh’s $1.5b Singapore telco expansion on ice due to regulator issues
The country’s telecommunications authority says Tuas’ mobile phone brand may have breached the law, causing its shares to plunge 63 per cent.
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David Teoh’s $1.4b Singapore telco expansion on ice due to regulator issues
The country’s telecommunications authority says Tuas’ mobile phone brand may have breached the law by using unapproved radio waves, sending its shares sharply lower.
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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…
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Why must telcos stay on their approved frequency bands?
Discover why telecommunication operators must adhere to approved radio frequency bands to ensure fair competition and prevent service interference. Read more at straitstimes.com.…
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forbes.com
Billionaire David Teoh’s $1.1 Billion Singapore Mobile Deal Set To Lapse Amid Regulatory Breach
M1’s parent, Keppel said Monday that the proposed sale of M1, Singapore's third largest mobile carrier, to billionaire David Teoh's Simba Telecom will lapse on Thursday.
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datacenterdynamics.com
Simba Telecom-M1 Singaporean merger deal collapses
Singapore's telecoms market won't consolidate just yet