"Celcom’s actions were brought on by a culmination of mobile content consumer complaints over the past 3 years and the regulatory body, Mobile Communication and Multimedia Commission, implying the need for the shutdown of the content distribution business."
If Isentric operates in an industry that attracts so many complaints that the regulator shuts it down (even temporarily) then it is not the kind of business that I want to own. Whilst the announcement says that the suspension does not "reflect specifically on iSentric's digital content" it does not say that iSentric's content was immune from attracting complaints either.
ICU Price at posting:
12.5¢ Sentiment: Sell Disclosure: Not Held
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