Failed M1-Simba merger prolongs Singaporeโs 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 stateโs brutally competitive telecoms market, revealing a potential regulatory minefield around scarce radio spectrum. The foiled deal would also mean Singaporeโs mobile network operators โ Singtel, StarHub, M1 and Simba โ will continue to operate in a cutthroat price war environment while M1โs owners look for new ways to divest, according to experts. Singapore...