Singapore Regulator Seeks Explanation From Tuas Subsidiary Over Spectrum Use
Closing price · 2026-10-26: $1.26 · -30.49%
Singapore’s IMDA has issued a show cause notice to Tuas subsidiary Simba Telecom over alleged unauthorised spectrum use, early 5G equipment deployment and failure to fully comply with a document production order. The regulator has not made findings and is considering possible penalties, licence changes or additional obligations; Simba intends to respond by the required deadline.