Articles Written by:    ALEX ARMITAGE     

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Broadband forecasts impact on Carphone

SHARES in Carphone Warehouse Group Plc, Europe's largest mobile phone retailer, yesterday fell the most since its initial public offering in London in 2000 after the company said broadband revenue growth this year may be lower than forecast. ...

From ALEX ARMITAGE, Shanghai Daily,  12 Jun 2008
Related Topics: Bloomberg News,  Roger Meddows-Taylor,  Best Buy Co., Inc.,  Charles Stanley

US retail giant goes European

BEST Buy Co, the largest US electronics retailer, will pay 1.1 billion pounds (US$2.15 billion) for a 50-percent stake in a venture with Carphone Warehouse Group Plc, allowing it to expand in the European retail market. The venture will comprise ...

From ALEX ARMITAGE, Shanghai Daily,  8 May 2008
Related Topics: Best Buy,  Bloomberg News,  Roger Meddows-Taylor

BT chief to step down as sales growth slows

BT Group Plc Chief Executive Officer Ben Verwaayen will step down after six years at the United Kingdom's largest telephone company amid the slowest sales growth since 2004. Ian Livingston, who heads the retail division, will succeed Verwaayen on ...

From ALEX ARMITAGE, Shanghai Daily,  8 Apr 2008
Related Topics: Colin Morton,  Lucent Technologies, Inc.,  Bloomberg News

Vodafone answers its critics

VODAFONE Group Plc, the world's biggest mobile phone company by sales, said third-quarter revenue from wireless services rose 4.2 percent, beating analyst estimates on growth in India and Turkey. Growth in the quarter ended December 31 decelerated ...

From ALEX ARMITAGE, Shanghai Daily,  31 Jan 2008
Related Topics: Arun Sarin,  Bloomberg News

'Mixed bag' for Carphone

CARPHONE Warehouse Group Plc, Europe's largest mobile-phone retailer, said revenue increased 14 percent in the third quarter, falling short of analysts' estimates as it added fewer pre-pay customers than anticipated. Sales rose to 1.23 billion ...

From ALEX ARMITAGE, Shanghai Daily,  18 Jan 2008
Related Topics: Roger Meddows-Taylor,  Bloomberg News

Telecoms join to send a clear signal right throughout UK

DEUTCHES Telekom AG and Hutchison Whampoa Ltd have agreed to combine their high-speed wireless networks in the UK to extend reach and reduce investment costs. T-Mobile, the unit of Germany's biggest phone company, and Hutchison's 3 UK set up a 50-50 ...

From ALEX ARMITAGE AND KENNETH WONG, Shanghai Daily,  18 Dec 2007
Related Topics: Bloomberg News

Broadband push hits BSkyB

BRITISH Sky Broadcasting Group Plc, the United Kingdom''s biggest pay-television broadcaster, has said first-quarter profit fell 28 percent on costs to win broadband subscribers from Virgin Media Inc. Net income dropped to 84 million pounds (US$175 ...

From ALEX ARMITAGE, Shanghai Daily,  3 Nov 2007
Related Topics: British Sky Broadcasting Group, plc,  Bloomberg News,  James Murdoch,  Richard Branson,  Matthew Walker

Broadband blitz as Carphone woos users

CARPHONE Warehouse Group Plc, the United Kingdom's third-biggest broadband provider, added 89,000 broadband subscribers in the second quarter. Clearly more customers have moved from BT Group Plc's lines to Carphone's network, Bloomberg News reported. ...

From ALEX ARMITAGE, Shanghai Daily,  10 Oct 2007
Related Topics: Roger Meddows-Taylor,  BT Group plc,  Bloomberg News,  Time Warner Inc.

Vodafone calls in Italian and Spanish units

VODAFONE Group Plc, the world's biggest mobile-phone company, agreed to buy Tele2 AB's Italian and Spanish units for 775 million euros (US$1.1 billion) to add broadband to its wireless services in those countries. The acquisition will be made in ...

From CHIARA REMONDINI AND ALEX ARMITAGE, Shanghai Daily,  7 Oct 2007
Related Topics: Bloomberg News,  David Thomson,  Arun Sarin,  France Telecom S.A.

Huge bonus for meeting requirement

BRITISH Sky Broadcasting Group Plc Chief Executive Officer James Murdoch received a 3.91-million-pound (US$7.78 million) bonus for meeting performance requirements last year, Bloomberg News said. Murdoch received 671.5 pence for each of the 582,750 ...

From ALEX ARMITAGE, Shanghai Daily,  15 Aug 2007
Related Topics: James Murdoch,  Bloomberg News

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