Australia-listed telco Tuas, the parent company of local telco Simba, has terminated its proposed S$1.43 billion acquisition ...

With a major merger scuppered by an official investigation, four telcos remain locked in a costly war to win over local ...

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.

Tuas Limited, parent company of telco Simba, has terminated its agreement to purchase shares in M1, citing unmet conditions. Read more at straitstimes.com. Read more at straitstimes.com.

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 ...

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.