The Carphone Warehouse has confirmed plans to split the retail and telecoms business, creating two completely separate entities, according to TeleGeography. The thinking is that this will allow it to increase value for shareholders. There’s no official date in the offing, probably because shareholders will need to be asking for feedback in to the proposals first.
The Carphone Warehouse is an iconic brand in the UK, so it’s going to be interesting to see what the result of this is, when it finally happens. One thing I do know is I’ll still be visiting the retail outlets to check out and play with the latest devices!
[Via: TeleGeography]