Latest in Carphonewarehouse

Image credit:

Dixons and Carphone Warehouse merge to form Dixons Carphone

Steve Dent, @stevetdent
May 15, 2014
Share
Tweet
Share

Sponsored Links

Dixons and Carphone Warehouse have just completed a merger and will now be known as Dixons Carphone. The negotiations began in earnest some three months ago, but merger discussions between the companies have been ongoing since long before that. Dixons has some 950 Currys and PC World outlets, while Carphone Warehouse is England's largest telecom retailer with over 2,000 stores and a 46 percent share of Virgin Mobile France. Dixons Carphone will therefore have nearly 3,000 stores and 35,000 employees, prior to any cost-cutting. However, Carphone Warehouse noted that the deal, which is still subject to shareholder approval, would save up to £80 million per year -- meaning some chopping is no doubt in order. No money reportedly changed hands, and each brand will continue to focus on its traditional products.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

iPhone 12 teardown reveals how 5G has changed things

iPhone 12 teardown reveals how 5G has changed things

View
What we bought: Our favorite USB-C chargers

What we bought: Our favorite USB-C chargers

View
Custom PS5 covers are already a thing

Custom PS5 covers are already a thing

View
A massive spam attack is ruining public 'Among Us' games

A massive spam attack is ruining public 'Among Us' games

View
Nikola Motors unveils hybrid fuel-cell concept truck with 600-mile range

Nikola Motors unveils hybrid fuel-cell concept truck with 600-mile range

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr