Carphone Warehouse sees strong Q3

Communications specialist The Carphone Warehouse has increased its full-year guidance after a strong quarter, with good performances from its TalkTalk internet business and its Best Buy Europe joint venture, CEO Charles Dunstone said today in a third quarter trading update.

Communications specialist The Carphone Warehouse has increased its full-year guidance after a strong quarter, with good performances from its TalkTalk Internet business and its Best Buy Europe joint venture, CEO Charles Dunstone said today in a third quarter trading update.

Over the three months to the end of December TalkTalk pressed ahead with the integration of the Tiscali business, making total sales of £446m, up 29% year-on-year.

The unit’s total broadband base was up 52% on the end of2009, and according to Dunstone attracted 36,000 net new broadband customers during the quarter, partly due to its successful ‘bright-dancing’ campaign on UK television.

“The Tiscali integration remains well on track to create a highly efficient platform for providing our customers with excellent value and service,” Dunstone said.

The much talked about Best Buy Europe venture also remained on track, with sales up 3.7% on a constant currency basis. In the 13 weeks to 2January 2010 it made revenues of £996m, down 1% year-on-year.

The first of its big box stores remain on course for a spring opening.

The de-merger of the Carphone Warehouse’s Internet and retail arms, initially announced last April, is now on track to be completed in March;the firm said today that final documentation will be sent to shareholders by the end of the month.

MicroScope+

Content

Find more MicroScope+ content and other member only offers, here.

Read more on Network Infrastructure Solutions and Services

Start the conversation

Send me notifications when other members comment.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

Please create a username to comment.

-ADS BY GOOGLE

ComputerWeekly

SearchITChannel

Close