Markets Stagflation fears in Europe as stocks fall for sixth consecutive day Weak trade in Germany is fuelling stagflation concerns
Italy Meloni moves to take 20% stake in Telecom Italia gridDecree approved by Italian cabinet will empower it to enter bid with US firm to take control of telecoms’ network
Companies BT Group appoints Allison Kirkby as chief executiveKirkby has been a non-executive director at BT Group since 2019
Telecoms Ousted Vodafone boss picks up more than £4m in pay and bonuses in 2022-23Nick Read left Vodafone in December just weeks after unveiling an £880 million plan to slash costs and warning over job cuts and price hikes
Telecoms Vodafone and Three UK to merge to country’s create biggest mobile networkVodafone will own 51 per cent of the new company and Hong Kong-based conglomerate CK Hutchison will control the remainder
Stock Take Lorcan Allen: With its share price at lowest level in 25 years, Vodafone may be a takeover targetIn the last year alone, Vodafone’s share price has slumped almost 40 per cent in value, wiping almost €16 billion off the value of the company
Telecoms Sigma Wireless and Nokia win ESB mobile network contractThe deal is to supply and install a new LTE-based private wireless system over a three-year period
Telecoms Drahi increases stake in BT to 25 per cent but shoots down take over rumoursMove comes days after telecoms firm unveiled major overhaul that will see up to 55,000 jobs axed by 2030
Telecoms Ian Guider: Vodafone can’t afford to miss the boat again New chief executive Margherita Della Valle will have to address more than cost cutting if she wants to lift the ever declining share price of the operator, which failed to cash in on either 3G or the rise of apps
Tech Vodafone to cut 11,000 jobs as part of restructureThe telecommunications giant employs over 1,000 people directly in Ireland
BP Exclusive Declan Ganley’s Rivada seeks funding for multibillion-dollar satellite projectGanley’s company has in the last two months signed contracts with a satellite manufacturing company and with Elon Musk’s SpaceX to handle the launch
Tech Irish companies reap staff benefit of Big Tech job cuts Indigenous Irish firms such as IP Telecom that had faced recruitment difficulties are now attracting talent laid off by major competitors
Telecoms Eir says customer complaints have dropped 40% to ‘the lowest on record’The company has reported sales of €1.2 billion for 2022, flat year-on-year
Legal Chinese firm gets another chance to take claim against Ganley despite ‘bare-bones allegations’The businessman’s company Rivada Networks is being sued by Kleo AG for alleged defamation
Telecoms Mobile operators spend €448m in Irish spectrum auctionAward significantly increases available spectrum, which is essential for the widespread roll-out of 5G and other mobile services in Ireland
Tech Strong performance leads to sharp rise in revenues at Cubic Telecom The company has raised over $100 million from backers that include Volkswagen Group and chip-manufacturer Qualcomm
Infrastructure Departing investors to make €380m from sale of national broadband stakeSpanish firm Asterion has bought out two major shareholders of the company delivering Ireland’s national rural broadband network, which between them had less than €1 million equity in the firm
Infrastructure US welcomes Irish move to ban Huawei tech from networksUS government has blacklisted the Chinese tech giant since 2019 due to it allegedly posing a threat to national security
Politics NBI investors earned €2.2 million in extra fees in 2021Parent company Metallah received €134.8 million in subsidy income from taxpayers last year
Broadband National Broadband Ireland paid over €2m in fees to investorsThe company said the money paid to its backers in previous years was due to ‘start-up costs’
