News Articles

Carphone Warehouse says low-end prepay market caused quarterly revenue drop

The Carphone Warehouse Group plc has published an interim management statement for the third quarter of its current financial year.

It says its business in Europe performed strongly on post-pay (‘pay monthly’ deals) and non-cellular products, although a weakness in the lower-value prepay market resulted in like-for-like revenue being down by 4.7% when compared with the previous year. Overall, figures for the full year are expected to be in line with previous guidance.

Author: The Fonecast
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Best Buy to close 'big box' UK stores on 15th January

The ‘big box’ stores set up by Best Buy Europe - the Best Buy joint venture with the Carphone Warehouse - will close on Sunday 15th January 2012.

It’s less than two years since the first UK store opened in Thurrock.

Author: The Fonecast
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Last week at The Fonecast: 14th November 2011

Mark Bridge writes:

Flash is dead, HTML5 is the future. Okay, the next stage in the evolution of the mobile browser isn’t that clear – but a restructure at Adobe has pretty much marked the end of mobile Flash development.

Author: The Fonecast
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Carphone Warehouse announces planned closure of Best Buy UK stores

Best Buy Europe, the joint venture responsible for The Carphone Warehouse brand, plans to close its eleven so-called ‘Big Box’ Best Buy stores in the UK within the next two months.

In addition, the Carphone Warehouse Group is planning to end its American profit-sharing agreement by selling its interest in Best Buy Mobile US and Canada back to Best Buy.

Author: The Fonecast
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Simply Tap 'mobile shopping' app is launched by The Mobile Money Network

The Mobile Money Network has launched its ‘Simply Tap’ shopping application for Android and Apple devices.

Customers who set up a Simply Tap account (including payment details) can then buy products just by entering a short code into the app. The sale is then confirmed, payment is taken and the product is delivered to the customer’s chosen address.

Author: The Fonecast
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