Source Pravda.Ru

Carphone Warehouse announces 14 percent jump in revenues

By Margarita Snegireva. Carphone Warehouse Group Plc said revenue gained 14 percent in the third quarter, driven by demand for broadband Internet services.

Sales rose to 1.23 billion pounds ($2.42 billion) in the 13 weeks ended Dec. 29 from 1.08 billion pounds a year earlier, London-based Carphone Warehouse said today in a Regulatory News Service statement. Sales of fixed-line services, which include broadband, advanced 35 percent to 349 million pounds.

The Carphone Warehouse Group PLC, known as The Carphone Warehouse, is Europe's largest independent mobile phone retailer, with over 1,700 stores across Europe. They are based in the United Kingdom. Outside the UK and the Republic of Ireland, the retailer is named The Phone House.

The company was co-founded (with David Ross) in 1989 by current CEO Charles Dunstone from £6,000 savings. The 2006/07 Annual Report reported revenues have reached almost 4 billion pounds sterling (£3,991.5m).

The company has gained recent notice, from the talent show Britain's Got Talent. Paul Potts a Carphone Warehouse local branch manager, won the show, gaining £100,000, a record deal on behalf of Simon Cowell, and the chance to sing at the Royal Variety Performance in front of the British Royal Family.

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
Comments
The Hypocrisy of the Chinese World Dog Show
The Great GOP Tax Cut Heist a Year Later
Smartphones and social networks not allowed in the Russian Army
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Trump Reportedly to Declare a National Emergency for Border Wall Funding
The Hypocrisy of the Chinese World Dog Show
UK wants Sergei Skripal dead
The Hypocrisy of the Chinese World Dog Show
The Hypocrisy of the Chinese World Dog Show
International Opposition to Attempted Trump Regime Coup in Venezuela
Homosexuality and the Decline in American Values
Russia's S-400 missiles lost in storm during transportation to China
The Hypocrisy of the Chinese World Dog Show
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
New 'bill from hell' against Russia to bring hell to USA
New 'bill from hell' against Russia to bring hell to USA
Putin addresses social issues, threatens USA with Russia's new missiles in his 15th Federal Assembly speech
Smartphones and social networks not allowed in the Russian Army
The Hypocrisy of the Chinese World Dog Show