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South China Morning Post
South China Morning Post
AsiaPac · 3 hrs ago
Failed M1-Simba merger prolongs Singapore’s cutthroat telco price war
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Failed M1-Simba merger prolongs Singapore’s cutthroat telco price war
The unravelling of a S$1.43 billion (US$1.12 billion) merger between Singapore mobile operators M1 and Simba has highlighted the city state’s brutally competitive telecoms market, revealing a potential regulatory minefield around scarce radio spectrum. The foiled deal would also mean Singapore’s mobile network operators – Singtel, StarHub, M1 and Simba – will continue to operate in a cutthroat price war environment while M1’s owners look for new ways to divest, according to experts. Singapore...
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