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Cellular News is reporting that Carphone Warehouse has had a big jump in full-year profit from £73 million last year to £550 million this year – this being due to a big gain from the sale of its retail business.
The company is now in two parts, with the fixed-line telephony and ISP (TalkTalk) being one bit, and the retail arm (called Best Buy Europe) being the other.
Well it’s both impressive, and I suppose also not indicative of regular profits – the fact that CW had that much value in it’s retail arm does give some indication as to the good business they’ve been doing. Certainly I have found them to be one of the better shops in the high street.
[Via: Cellular News]
About The Author
Ben Robinson
Ben is a 10+ year veteran of the Mobile industry – starting his career when SMS was a still a relatively new concept for most people (!), he has now consulted on everything from bleeding-edge Mobile content, to the next-gen accessories you might view it on. As a result he has a broad and deep knowledge in numerous areas of Mobile – from network operators to device vendors, to infrastructure and middleware vendors (not to mention content delivery) – and has worked for companies in all of these areas! He is based in the UK, a hotbed of activity for mobile, and recently became a father for the second time – as oppose to in his younger years when he was happy spend time tweaking all manner of mobile devices to 'nth' degree, he now looks for services and hardware that provide the most efficient, compact, and reliable improvements to his already manic life! It’s his opinion that Mobile solutions should be there to help to make your life better – if a particular solution (be it service or device) isn’t doing this, he believes you need to ask the very important question of why you continue to use it... His focus at IntoMobile is mainly on Mobile content, services, and infrastructure, particularly as regards the UK market – and with the occasional look at devices. Additionally, using his extensive experience in the industry, he will provide commentary on the industry at large, with regular (and hopefully thought-provoking) articles.
