Three said it believes the merger of O2 Ireland’s business with Three Ireland will be “good for both competition and consumers in Ireland” adding it was confident the merger will be approved by the commission. Photograph: Ian West/PA

The European Commission is to open an in-depth investigation into the proposed €850 million takeover of O2 by rival mobile network Three Ireland.In Ju(...)

Magnus Ternsjö: “I’m a firm believer that UPC is assisting Ireland Inc in its goals of making Ireland more digital. We are helping the country in becoming more competitive in the future.” Photograph: Aidan Crawley

When a new chief executive takes over at a company, you expect a bit of a shake up as they make their mark. But UPC Ireland’s new boss Magnus Ternsjö (...)

Telecom Italia is seen as a potential takeover target due to its prized Tim Participacoes mobile unit in Brazil. Photograph: Marc Hill/Bloomberg

Spanish telecoms group Telefonica has struck a deal which could eventually see it take control of Telecom Italia and its lucrative south American bus(...)

Canning Fok, group managing director of Hutchison Whampoa Limited, at the company’s HQ on Clarendon Row, Dublin. PHOTOGRAPH: BRENDA FITZSIMONS

In the movies, Superman’s accomplice was Lois Lane, but in real life it is Canning Fok, a 52-year old from Hong Kong. Li Ka-Shing, the richest man in (...)

Vodafone Group said the civil action claims that Telecom Italia committed a series of abuses between 2008 and 2013 with the intention and effect of impeding growth in competition in the Italian fixed-line market. Photograph: PA/PA Wire

Vodafone Italy is seeking damages of more than €1 billion from Telecom Italia in a Milan court claiming the country’s dominant telecoms provider abus(...)

Telecom Italia sticks to target to  cut net debt. Photograph: Peter Macdiarmid/Getty Images

Telecom Italia warned profit will fall faster than it had previously thought this year, as a price war for mobile phone services and the deep economic(...)

Three’s Robert Finnegan said the company had reached a major milestone in Ireland. Photograph: Jason Clarke/Three/Reuters

CIARA O’BRIENMobile network Three Ireland said it earnings before interest, tax and depreciation broke even in the first half of the year, the first t(...)

CRH, which accounts for over 25 per cent of the Iseq, slid 1.76 per cent to €15.375 in Dublin yesterday

European stocks tumbled as new figures showed German investor confidence unexpectedly dropped this month. Market watchers blamed increasing risks in t(...)

Contacts between Telecom Italia and the Hong Kong-based Hutchison Whampoa , which is backed by magnate Li Ka Shing, were first disclosed in April. Photograph:  Peter Parks/AFP/Getty Images

Telecom Italia has ended contacts with Hutchison Whampoa on merging their Italian mobile businesses, preferring to focus on a plan to spin off its fix(...)

Access to data services was affected on Monday for customers of O2. Photograph: Frank Miller

Customers of O2 were left without access to online services on Monday after a systems problem hit data services. The number two mobile network said it(...)

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