Malaysia's Astro no more in race for Virgin Radio

KUALA LUMPUR, March 24 (Reuters) - Malaysian pay-TV operator Astro All Asia Networks (AAAN.KL: Quote, Profile, Research, Stock Buzz) is no longer in the race to buy radio broadcaster Virgin Radio from British media group SMG Plc (SCSMG.L: Quote, Profile, Research, Stock Buzz), The Edgedaily mobile phone news service said on Monday quoting the Sunday Mail.

The Telegraph newspaper had said in an unsourced report in February that Astro was competing with three British bidders for Virgin Radio: Global Radio, Absolute Radio and UTV Media (UTV.L: Quote, Profile, Research, Stock Buzz). (Reporting by Liau Y-Sing; Editing by Naveen Thukral)