Smart Telecom pulls out of race to buy Meteor

Smart Telecom tonight pulled out of the battle for Meteor, leaving Eircom as the only major contender left in the race to buy the country’s third mobile phone company.

Eircom is the only major contender left in the race to buy the country’s third mobile phone company, Meteor, it emerged tonight.

Smart Telecom pulled out of the battle for Meteor as the bidding war saw the price soar. Irish entrepreneur Denis O’Brien withdrew his bid earlier this month.