Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Meteor (mobile network)
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
===Acquisition by eircom=== [[Image:Meteorlogonew.png|right|thumb|Briefly used '''Meteor''' logo variant (2005β2007)]] In early 2005 several Irish newspapers reported that Western Wireless had been approached with a view to selling Meteor. On 9 July 2005 it was reported by [[The Irish Times]] that there had been three bidders for Meteor: [[Eir (telecommunications)|eircom]], [[Smart Telecom]], and a consortium led by [[Denis O'Brien]]. It was considered that the probability of eircom winning, was looking increasingly unlikely due to their heavy debt of approximately β¬1.9 billion. It seemed unlikely they could afford it, should the price have topped β¬400 million. However, on 14 July 2005, [[RTΓ News]] reported on their business website<ref>[http://www.rte.ie/news/2005/0714/meteor-business.html RTΓ.ie Meteor Bidding]</ref> that Denis O'Brien had withdrawn from bidding, and that it was understood that eircom was the top bidder at β¬410m. On 21 July it was announced that Smart Telecom had also withdrawn, leaving eircom as the sole bidder. On 25 July eircom announced that it had agreed to purchase the company for β¬420m. On 18 November 2005 the Competition Authority approved, subject to conditions (primarily, that separate accounts continue to be published for Meteor). The purchase was completed on 23 November 2005.
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)