eircom hires Goldman and Morgan to advise on IPO
eircom has appointed Goldman Sachs and Morgan Stanley to advise it on a possible stock market listing two weeks after announcing it was considering a third flotation in 15 years. The two banks will “explore strategic options for the company including a potential international offering and listing,” eircom said in a statement. Earlier this month eircom said it had hired bank Rothschild to advise on a possible flotation.
Global Telecoms Business
EE will continue to support Orange and T-Mobile customers, claims CEO
EE boss Olaf Swantee has insisted the company will continue to support customers on Orange and T-Mobile plans. EE has no plans to phase out Orange and T-Mobile even as 4G adoption accelerates, according to Chief Executive Olaf Swantee. Speaking to the Telegraph, Mr Swantee said the operator’s most recent financial results – which showed an increase of nearly 900,000 4G subscribers, the biggest ever in a single quarter – should not be taken as a sign the two 3G brands are set to be retired.
AT&T get in-flight 4G LTE on board by 2015
AT&T wants to rack up some frequent flier miles with high-speed 4G LTE-based in-flight mobile service. Expected to be available in late 2015, the system will provide in-flight broadband for passengers and crew alike. To deliver on its sky-high promise, the communications company plans to build an air-to-ground network based on global 4G LTE standards to utilise spectrum already owned by AT&T.
Up to 500 GP practices to test plans to share patient data
NHS England will trial its new national pseudonymised patient data collection scheme with “between 100 and 500 GP practices” ahead of the full launch of the programme, it has confirmed. In a letter to healthcare professionals, national director for patients and information Tim Kelsey said that a “phased rollout” of the care.data scheme would enable the NHS to “trial, test, evaluate and refine the collection process ahead of a national rollout”.
UK banks join forces for mobile payments system ‘Paym’
A number of major UK banks have united for a new payment system that lets users transfer cash via their mobiles using just their mobile number and a password. The Paym service is initially available for use by 30 million people in the UK and negates the need for account numbers and sort codes to make payments.Customers of the Bank of Scotland, Barclays, Halifax, HSBC, Lloyds Bank, Santander, TSB and others can use Paym at launch.
SDL turns to cloud HR to join up businesses in 40 countries
Technology and services companySDLhas turned to HR as a service to link more than 3,000 employees in businesses around the world into a single company structure. The technology is central to the company’s strategy to integrate formerly autonomous businesses in 38 countries into a single operation.
Most downloaded apps never get used
Two-thirds of apps downloaded onto mobile devices are never used, according to an Ofcom report. The UK telecom regulator’s latestAdults’ Media Use and Attitudes Report shows that while there remains a preference for dedicated apps over finding the same information on a mobile website, in most cases the apps are downloaded and sit idle.
Spotify and Sprint announce music streaming partnership
Music streaming platform Spotify has formed a partnership with Sprint, the US mobile network, to provide music streaming services in a bundle to its subscribers. Commencing on 9th May the deal will see subscribers of Sprint’s ‘Family’ package receive a six-month trial of Spotify, after which they will have the option to subscribe to a premium service for as little as $4.99 a month.
Twitter revenues leap 119 per cent but user growth ‘crawls’
Twitter’s first-quarter revenues have leapt 119 per cent to $250m (£149m), but the network’s user growth came below analysts’ expectations, causing its share price to fall overnight. The social network reported profits of $250m for the three months to 31 March, $226m (£134m), which came from advertising revenues, up 125 per cent year on year. Twitter said its mobile advertising revenue accounted for approximately 80 per cent of its total ad revenue.