Tuesday 21 November 2017

Business inf brief: Vodafone Ireland price pledge

VODAFONE: Some investors missed the smart call
VODAFONE: Some investors missed the smart call

VODAFONE Ireland has said a fixed-price promise has always been in place for customers here.

The country's largest mobile phone provider said Vodafone UK was now offering the same deal to its pay monthly bill customers who may have faced increases in monthly line rental midway through a 12- or 24-month contract.

"In relation to the new change in the UK market, regarding all pay monthly customers not having to pay any increases in their monthly line rental mid-contract, this new change is not relevant to the Irish market as Vodafone currently honours a fixed-price agreement to their customers," it said in a revised statement.

CANADIAN CONFIDENCE

CANADIAN consumer sentiment is in a holding pattern amid mixed signals about the strength of the nation's economy.

The Bloomberg Nanos Confidence Index measured 59.5 in the week ended May 9, little changed from the previous reading of 59.6. The survey-based index hit a four-year high of 60.1 on April 25.

Employment unexpectedly declined in April, dropping for the second time in three months, Statistics Canada reported on May 9.

The number of jobs fell by 28,900 last month.

DATA CENTRE EXPANDS

CORK Internet eXchange (CIX) is creating 10 new jobs as a result of significant expansion at its data centre.

The data and connectivity centre will double the size of its capacity at Hollyhill, bringing the total investment in the centre to almost €5m.

"Data centres have become the heart of the digital economy," said Research Minister Sean Sherlock. "More and more devices with internet connectivity are being developed and released, meaning that data centres will form the technological backbone to the recovering economy nationally and regionally."

The centre will be directly connected to the Government Cloud Network enabling CIX and its clients to deliver services to government.

£14M FOR R&D PLANS

WRIGHTS Group is investing over £14m (€17.2m) in five research and development (R&D) projects in Northern Ireland, with the creation of 130 new jobs.

The family-owned company in Ballymena is one of the UK's leading bus builders and employs around 1,800 staff. The new jobs are being created in Wright EN-Drive, the company's dedicated facility for the design and manufacture of integral vehicle chassis.

 

Irish Independent

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