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Ofcom says mobile contracts should ditch inflation-related price rises

Ofcom says mobile contracts should ditch inflation-related price rises

UK telecoms regulator Ofcom wants to ban inflation-related rises in phone and broadband contracts. Instead, it says any potential mid-contract price rises should be set out in pounds and pence.
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Global smartphone market is set for recovery, says new forecast

A new forecast from research specialists Canalys shows the smartphone market is set to recover next year. Worldwide shipments declined by 12% last year but that decline is expected to slow to 5% this year.
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Vodafone and Three plan to merge their UK businesses

Vodafone and Three plan to merge their UK businesses

New Hutchison/Vodafone network would be biggest UK operator

Vodafone Group plc and CK Hutchison Group Telecom Holdings Limited have agreed to combine their UK telecommunication businesses, respectively Vodafone UK and Three UK. The merger will create a large new network operator to compete with Virgin Media O2 and EE.
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UK mobile payment service Paym to close in March 2023

UK mobile payment service Paym will close on 7th March 2023. The service, which allowed users to make and receive payments using their mobile phone numbers, was launched in 2014.
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Qualcomm legal action moves forward in the UK

Qualcomm legal action moves forward in the UK

Which? seeks payout for Samsung and Apple smartphone owners

Consumer protection organisation Which? has been given permission by the UK's Competition Appeal Tribunal to represent Apple and Samsung smartphone buyers in a legal case against chip manufacturer Qualcomm.
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Opinion Articles

Thursday, May 15, 2014

Carphone Warehouse and Dixons Retail agree to merge

Carphone Warehouse Group plc and Dixons Retail plc (which operates the Currys and PC World businesses) have agreed to merge the two companies into a new business called Dixons Carphone plc. Shareholders of each company will own 50% each of the new business.

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The directors expect savings from the combined company to reach almost £40 million in the 2015/2016 financial year and at least £80 million by the 2017/2018 financial year.

When the deal is completed, Carphone Warehouse chairman and co-founder Sir Charles Dunstone will become the Chairman of Dixons Carphone.

There’ll be two Deputy Chairmen - Roger Taylor, current Deputy Chairman of Carphone, and John Allan, Chairman of Dixons. The new CEO will be Sebastian James, who’s currently Dixons CEO, while Andrew Harrison, CEO of Carphone Warehouse, will become Deputy CEO.

Sebastian James of Dixons said “The ability to take what we have built in electrical retailing and add the profound expertise of Carphone Warehouse in connectivity would make us a leading force in retailing for a connected world. Together, we can create a seamless experience for our customers that will enable technology to deliver what it promises – that is, to make their lives better.”

Subject to shareholder and regulatory approval, the merger is expected to be completed this autumn.

We discussed some of the issues surrounding a Carphone/Dixons merger in our podcast on Wednesday. You can listen to the programme on our website, by subscribing free via iTunes, by downloading the mp3 file, by using our RSS feed or on the Stitcher.com mobile app.
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