Operating costs at Eircom totalled €814 million for the year, up €87 million on the previous 12 months.

Eircom, which yesterday reported a six per cent drop in yearly revenues to €1.28 billion, has denied recent speculation that it held discussions over (...)

Telefonica’s bid is likely to attract additional suitors for Brazil’s fourth-biggest broadband provider, analysts say. Photograph: Martin Divisek/Bloomberg

Spain’s Telefonica has made a €6.7 billion bid to France’s Vivendi for its Brazilian broadband unit GVT, seeking to strengthen its position in a mark(...)

Billionaire Carlos Slim is bowing to imminent antitrust legislation by planning a breakup of America Movil SAB’s phone operations in Mexico rather than risk profit- crushing restrictions if his company did nothing to curb its dominance. Photograph: Susana Gonzalez/Bloomberg

Billionaire Carlos Slim is bowing to imminent antitrust legislation by planning a breakup of America Movil SAB’s phone operations in Mexico rather tha(...)

“Mexico’s past offers a warning; its present offers hope. But it is far from certain that the programme of reforms will also be sufficient to generate the improved performance the country needs.”

If Narendra Modi, India’s prime minister, seeks an example of a democratically elected leader embarked on radical reform, he could look to Enrique (...)

There were contrasting fortunes for Aer Lingus and Ryanair yesterday

European stocks were little changed as Russia restarted military drills along its border with Ukraine, offsetting gains by com(...)

Irish businessman and Digicel owner Denis O’Brien in Haiti in 2010

Last weekend, the UN Broadband Commission for Digital Development met in Dublin at the invitation of Denis O’Brien. His mobile phone company Di(...)

Bill Gates’s fortune increased by $15.8 billion last year, according to the index, as shares of Microsoft, the world’s largest software maker, rose 40 per cent. . Photographer: Ramin Talaie/Bloomberg

Microsoft founder Bill Gates has recaptured the title of world’s richest person with estimated fortune of $78.5 billion.The 58-year-old tycoon’s fortu(...)

Denis O’Brien hinted this week that he may look to enter the telecoms market of Ethiopia

Denis O’Brien’s Digicel is expected to submit a €1 billion offer this week for the Dominican Republic operations of Orange, formerly France Telecom, a(...)

Lloyd Blankfein, chairman and CEO of The Goldman Sachs Group Inc; Jim Rogers, chairman of Duke Energy Corporation; and Denis O’Brien, chairman of Digicel Group, during a taping of CNN’s Fareed Zakaria CNN-GPS show at the annual Clinton Global Initiative during the week in New York City. Photograph: Ramin Talaie/Getty Images

Digicel, the Caribbean mobile phone network controlled by Denis O’Brien, is understood to be preparing an estimated €1 billion bid for the Dominican R(...)

Representatives at America Movil, which owns about 30 per cent of KPN, and Madrid-based Telefónica held talks last week before agreeing on the revised terms over the weekend. Photographer: Susana Gonzalez/Bloomberg

America Movil and Telefónica have set aside years of rivalry in Latin America to salvage an $11 billion transaction in Germany, one of the biggest wir(...)