Singapore’s Infocomm Media Development Authority (IMDA) suspends its review of Simba’s proposed acquisition of M1. Both outlets report that IMDA made new findings during the assessment of the deal that raise potential regulatory concerns. According to IMDA, it has learned that Simba may have been using radio frequency bands to provide mobile services without having authorisation or assignment for those bands. The suspension indicates that IMDA is pausing the merger review while it investigates the suspected breach. The reports frame the action as part of a probe into potential compliance issues related to spectrum usage. The matter centres on whether the spectrum bands Simba used were properly assigned to it for mobile services and whether its operations complied with existing regulatory requirements. Neither report provides details on the outcome of the investigation or timelines for when the review of the acquisition may resume.
IMDA suspends review of Simba-M1 telco merger amid probe into possible spectrum use
Singapore’s Infocomm Media Development Authority (IMDA) suspends its review of Simba’s proposed acquisition of M1. Both outlets report that IMDA made new findings during the assessment of the deal tha...
- IMDA suspends its review of Simba’s proposed acquisition of M1.
- IMDA’s suspension follows new findings during the deal review.
- IMDA says Simba may have used radio frequency bands not assigned to it.
- The potential issue concerns authorisation to provide mobile services using those bands.
- IMDA investigates the suspected regulatory breach before proceeding with the merger review.
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.
3 months agoDuring 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.
3 months agoIMDA learnt that Simba could have been using radio frequency bands to provide mobile services without authorisation.
3 months ago
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