News

Smart Telecom wireless licence revoked

14 February 2006 07:21:00

Dublin-based telephone and internet services provider Smart Telecom said Ireland's regulator has revoked the group's licence to provide high-speed wireless telephone services in Ireland.

"The company was notified last night by ComReg that it believes that the company has failed to meet certain conditions of its original offer and accordingly that it no longer intends to award the licence to Smart," Smart Telecom said in a company statement.

Smart "strongly refutes the grounds on which ComReg purports to take this action" and it has "received legal advice throughout the process which supports this view."

The group added, that despite disagreement with Ireland's regulator, Smart added 8,000 broadband and fixed line customers in January.

It released another statement later in the day saying that it had been granted an interim injunction at the High Court today, which restrains ComReg from awarding the 3G licence to any other party until further order by the High Court.

A further announcement of the injunction is scheduled for February 16th 2005

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