Cubic US deal to boost revenue

CORK-based Cubic Telecom has signed a “major” deal with a US social networking site, a move that will help it grow revenue by up to 20%.

The telecom firm is also in talks with a number of Irish, British and US retailers to get its MAXroam product into stores.

MAXroam is a sim card that works by making your phone think it’s at home, no matter where in the world you go. Because it thinks it’s local, you get charged local rates.