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.
The Business Times

Simba’s 5G spectrum hurdle may accelerate Singapore’s telco market reset

Regional experience such as in Thailand suggests that consolidation often leads to more disciplined pricing Read more at The ...
AsiaOne

Simba's parent company Tuas terminates deal to buy shares in M1

Tuas Limited, the Australian-listed owner of telecommunication operator Simba, said on May 22 it has terminated its sale and purchase agreement to buy shares in another telco M1.The agreement to ...
Asia One

IMDA suspends M1-Simba merger assessment over alleged use of unassigned frequency bands

Ongoing assessment of the proposed consolidation between telco operators M1 and Simba has been suspended, the Infocomm Media Development Authority (IMDA) announced on Monday (May 18). In a media ...