Telefónica O2 UK has signed its first 'smart metering' agreement, a multi-million pound three-year contract with G4S Utility Services.

O2 will provide around 200,000 SIM cards and other machine-to-machine technology to connect smart meters to the G4S data centre. Information will be sent via text message to and from G4S.

This week's edition of The Fonecast covers everything from the new iPad to O2's new content restrictions, from Android malware to Facebook messaging… and from mobile radio to Iain Graham rapping.

No, that's not a mistake (except in the artistic sense, perhaps). We really are talking about the same Iain Graham who hosts our podcasts.

In this week's podcast we discuss the iPad 2, data restrictions, mobile radio, mobile viruses and mobile tickets. In addition, Leslie Ferry of Broadsoft talks about IP communications... and Iain Graham raps. Yes, really.

Canada-based IE Market Research says the UK mobile phone market will see Everything Everywhere's market share increasing to 38.5% by the end of 2012 - despite the Orange and T-Mobile partnership recently announcing a drop in customer numbers.

The IEMR forecast also predicts market share declines at O2 and Vodafone, falling to 27.3% and 19.7% respectively by the end of 2012. By 2015, IEMR anticipates the UK having 99 million mobile connections with around 40% on Everything Everywhere.

Telefónica Europe, the parent company of O2 UK, has released its financial results for 2010.

It says annual revenue was up €15.255 billion, a 12.7% rise from 2009 (which represents organic growth of 4.4% year-on-year). The total European customer base reached 56.3 million, 14.3% higher than the previous year.<.p>