Wednesday 1 March 2017

Digicel boasts 11 million customers

Telecoms

Digicel has hit the 11-million customer mark across its 32 markets worldwide. Since launching in Jamaica nine and a half years ago, the company has grown rapidly and today offers its special brand of mobile telecoms across the Caribbean, Central America and the Pacific. Digicel achieved 10pc subscriber growth year on year and increased its market share quarter on quarter in all of its major markets.

Bar sales down 11pc year on year

DRINKS MARKET

IRISH bar sales volumes have declined 11.5pc year on year and 2.6pc month on month, according to the latest research. Davy stockbrokers said the overall performance for the Irish drinks market is not as poor as this suggests. "Volumes for the total market (on- and off-trade) for beer and cider in the year to June declined by 0.2pc and 3.9pc year on year respectively."

Dublin to get 20 jobs as AOL grows

INTERNET

INTERNET services company AOL has announced the creation of 20 new software engineering jobs in Dublin. The company, which provides web advertising technologies and services, also announced 50 software engineering jobs in June. AOL has been in Ireland for 10 years and employs 133 people. The company said the new jobs would be mainly in its media technologies division.

Samsung takes on Apple's iPad

computers

SAMSUNG is unveiling a new tablet PC named Galaxy Tab in a bid to rival Apple's iPad. Samsung Europe executive Thomas Richter said the device will offer users "a new galaxy of possibilities" with features such as mobile video conferencing and a video chat function. The thin tablet weighs 13.4oz and has a seven-inch touch screen.

Irish firms raise record capital

VENTURE CAPITAL

IRISH companies raised €288m in 2009, up 18.6pc on the previous year, according to the Irish Venture Capital Association's (IVCA) Venture Pulse survey. The IVCA said the record year compared with significant falls in activity of 50-70pc in US and UK markets, which were back to levels experienced in the late 1990s. The survey measures funding raised from domestic and international VC funds including AIB, Bank of Ireland and Enterprise Ireland.

Irish Independent

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