Firm behind Irish Psychics line ceases trading

It was in the stars... the firm behind Irish Psychics Live, founded by space buff Tom Higgins, has crashed back to earth and gone out of business.

This follows the regulator of the sector, ComReg, confirming yesterday that the firm behind what was Ireland’s most high-profile and controversial premium phoneline service has ceased trading.

A spokesman for ComReg confirmed that Realm Communications Ltd — which operated Irish Psychics Live — has advised that it has ceased trading and no longer operates any premium rate phone services.