Carphone WarehouseRSS

Carphone dialling up a deal for Tiscali

Carphone makes a move on Tiscali

UK based retail outfit the Carphone Warehouse is reported to have made a £250m offer for the UK business of Italian ISP Tiscali.

Carphone founder resigns in share scandal

One of the co-founders of UK retailer the Carphone Warehouse has tendered a surprise resignation over the improper use of his shares. David Ross, who owns 19.4 per cent of the company he founded with school friend Charles Dunstone, used 136 million of his 177 million shares as security against personal loans without telling anyone [...]

Carphone considers splitting up

UK-based retail outfit Carphone Warehouse is considering demerging its distribution and telecoms businesses, to better develop the individual units. As the company announced its six month results to the end of September, chief executive Charles Dunstone said, “The structure of the Group may now no longer be appropriate for the optimal development of the two [...]

Carphone Warehouse outlines expansion plan

UK-based mobile phone retailer the Carphone Warehouse gave more details on its expansion into the consumer electronics market this week, under a £1.1bn deal with US retailer Best Buy. As the UK company announced its second quarter results on Tuesday, Carphone’s chief executive, Charles Dunstone, revealed that the new venture, known as Best Buy Europe [...]

Comes With Music goes live

UK high street mobile phone retailer Carphone Warehouse is taking pre-orders for Nokia devices pre-loaded with the Finnish handset maker’s Comes With Music platform. Nokia announced the subscription service – which unlike some rival offerings allows users to keep their music – in December 2007 and has been eagerly signing deals with leading record labels [...]

Orange bundles laptop with mobile connection

UK mobile operator Orange has joined the ranks of high street retailers such as the Carphone Warehouse by bundling a laptop with its mobile broadband offering. Over the weekend, Orange unveiled the first machine to be offered as part of its ‘connected’ range, available from Orange shops. Consumers can now purchase a package consisting of [...]

Carphone founder offloads shares

David Ross, co-founder of UK retail outfit the Carphone Warehouse, has offloaded 15 million shares in the firm for almost £33m. As a result, Ross has cut his holding in the firm from 21.2 per cent to 19.56 per cent. He remains the second largest shareholder in the company. Earlier this month Carphone reported a [...]

Carphone hit by property slump

UK retailer the Carphone Warehouse reported a healthy increase in sales and profits for the year to the end of March, but issued a gloomy outlook due to the negative effects of the credit crunch and associated property slump. Group revenues were up 12 per cent year on year to £4.47bn, while profit before tax [...]

Carphone reports December quarter mix bag

UK mobile retailer the Carphone Warehouse reported financial results for the quarter to the end of December on Friday, slightly missing analyst expectations. Total revenues for the quarter increased 14 per cent year on year, reaching £1.2bn, but still short of forecasts. The retailer hinted that less activity on the high street over Christmas and [...]

Carphone Warehouse slapped after data gaffe

UK phone retailer the Carphone Warehouse had its wrists slapped by the Information Commissioner’s Office (ICO) this week for breaching the Data Protection Act. An investigation by the ICO revealed that Carphone Warehouse and sister company TalkTalk had been opening customer accounts in the wrong name and passing inaccurate information on to credit reference agencies [...]