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siliconrepublic.comCrawled Oct 31, 2026
Going against the grain in the mobile and telecommunications industry means generating real revenues and showing clear signs of growth -- two attributes of iTouch, a multinational technology company that specialises in commercial and corporate solutions.
Within three years the Government has pledged to have 5MB of broadband delivered to every home in Ireland and substantially higher levels made available to businesses. So much for the future.
The €1.8bn that was wiped off the value of the Irish Stock Exchange and the further billions worldwide last week was, in part, driven by the threat of war in the Gulf, but mostly by the slew of profit warnings by US banking giant JP Morgan and software giant Oracle.
UK telecoms company Cable & Wireless has announced that following a comprehensive review of the company's activities, it is to reduce jobs across the group by around 3,500, from 12,500 to 9,000.
Michael Capellas, former Compaq CEO and HP president, will leave Hewlett-Packard to pursue other opportunities, including a potential role as WorldCom’s new CEO.
Performix Technologies expanded its UK presence by supplying its Emvolve software to 500 additional agents at the Co-operative Bank’s Skelmersdale and Stockport contact centers.
Ebookers plc, the UK-based internet travel agency founded two years ago, has posted its first profit. The company made a profit of £200,000 sterling (€314,000) in the third quarter of 2002. This compares with losses of £700,000 sterling (€1.1m) in the same period last year and of £900,000 sterling (€1.4m) in the second quarter of this year.
The Microelectronics Application Centre (MAC) named Enda Kyne managing director, bringing over 16 years of IT and business experience to the role.
MobileAware Ltd appointed Carl Straub as president and director, following his roles at Powerdigm Corporation and a US retail services provider.
Oracle appointed Nicky Sheridan vice-president and managing director of its Dublin-based International eBusiness Centre (IeBC), which employs over 350 staff.
Quantum Business Solutions hired Michael Alken as sales and marketing manager, leveraging his prior experience in business software and manufacturing sales.
Silicon Republic is Ireland’s most authoritative voice for science and tech news, covering AI, quantum, cybersecurity, research, careers and more.
