Carphone Warehouse to split into TalkTalk and New Carphone Warehouse

Filed Under (Euro Tech News) by Admin on 01-02-2010

Carphone Warehouse (CPW) the telecoms and broadband operator is to demerge its two operating units by the end of March. TalkTalk will deal with all telecoms and broadband services, while New Carphone Warehouse will deal with the retail outlets (incorporating 50% of Best Buy Europe and 47.5% of Virgin Mobile France). Both TalkTalk and New CPW will be traded on the London Stock Exchange.

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