re: mmm--"where there is smoke there is fire"
To be suspended means a merger not a takeover, no doubt a deal has been done,as I said earlier it makes sense that swiftel merges with people telecom,what emerges is a good casflow company of significant market size to probably get in the the ASX 500.
No doubt if a substancial stock to be issued it will be attractive to Index fund managers.
I suspect that a merge document is being haslily put together (prospectus standards),this may take some time (over 1 month),we will need a EGM so there is another month,so dont expect relisting in the short term.
Mind you it will allow the proper assessement of the combined company.
Swiftel/People entity is going the way of Crazy Johns, Telstra's major reseller. If you new your history there is some common links here---check ASIC
No doubt some time in the future a major telco will find them very attractive.
