Wednesday, 25 July 2007

UPDATE 1-Carphone Warehouse Q1 phone connections jump 20 pct

(Reuters) - Europe's largest independent mobile phone retailer said
distribution revenues rose to 706 million pounds , broadly in line with analysts' expectations, while
total mobile phone connections surged to 2.3 million. Total
revenues jumped 21.7 percent to 1.044 billion pounds.
Carphone Warehouse, which had been expected to deliver a
strong quarter, said it added 126,000 net new broadband
customers, taking its customer base to 2.4 million. Revenues at
its fixed-line business rose 49.5 percent to 345 million pounds.




"We have started the year well," said Chief Executive
Charles Dunstone in the statement. "The retail business is
enjoying good growth, and we continue to take market share."


Read more at Reuters.com Market News

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