A round-up of today's other stories in brief.
Satellite TV firm's trading meets target
Vislink, the Dublin and London-listed satellite TV and communications equipment developer, said trading in the first four months of the year is in line with expectations.
In a stock exchange statement that coincided with the group's agm yesterday, Vislink chief executive Ian Scott-Gall said following a good start to the year, the board views the rest of the year with confidence.
3 cuts price of broadband service
Mobile operator 3 Ireland has targeted the broadband market by cutting the price of its broadband service to €19.99.
Robert Finnegan, managing director of 3, said its offering was "far more competitive" than those offered by fixed-line operators Eircom and BT.
The new package has a monthly download cap of 10GB and runs over its 3G network which is available to 85 per cent of the population. The company claims it is the country's fastest broadband service, with speeds of up to 3.6 MB per second.
Irish tech firm in Kuwaiti TV deal
Kuwait's Wataniya Telecom has commercially deployed a new mobile TV service to its 1.4 million subscribers using software from Irish firm Vimio. Wataniya plans to use the Vimio platform to provide live TV to over 8.8 million subscribers in the Middle East and north Africa.
Eircom financial chief appointed
Peter Cross (39) has been appointed chief financial officer with Eircom and will also join the telecoms operator's board. Mr Cross joins from BT Group, where he is director of strategic planning. Prior to joining BT in 2001, he held senior positions with Morgan Stanley and Barings.
Murdoch defends conduct in China
Rupert Murdoch, News Corp's chief executive, yesterday defended himself against accusations that he had allowed political pressure from the Chinese government to influence his business decisions.
Mr Murdoch, whose family has a controlling stake in the NewsCorp media empire, yesterday defended his conduct in China as questions about it have become a rallying point for those seeking to derail his $5 billion (takeover bid for the Dow Jones and its Wall Street Journal newspaper. - (Financial Times service)
Fiat may end Chinese venture
Fiat "missed an opportunity" in China and is considering scrapping its joint venture with Nanjing Automobile in favour of an alliance with another local carmaker, according to its chief executive.
Sergio Marchionne said Nanjing had been "distracted" by its efforts to relaunch the MG brand, which is due to begin production at MG Rover's former plant in Longbridge, UK, next week. - (Financial Times service)
