IMDA issues show cause notice to Simba over spectrum misuse
The regulator is considering possible suspension or cancellation of spectrum right
The Infocomm Media Development Authority (IMDA) has issued a show cause notice to Simba, requesting an explanation for its misuse of telecommunications spectrum. The notice was sent on Friday, Oct 26, after the regulator identified several regulatory actions that Simba is accused of committing. These actions include suspending or cancelling the grant of spectrum right, reducing Simba's license period, and imposing a fine of either 10% of Simba's annual turnover or S$1 million, whichever is higher.
Additionally, IMDA is considering intervening to address governance deficiencies and prevent similar conduct from recurring. Simba has been given until Nov 16 to respond to the show cause notice.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.