Content about Telecommunications in the United Kingdom

November 7, 2011

Best Buy Co. said it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion.

New York City -- Best Buy Co. said Monday it is buying out its joint venture partner, Carphone Warehouse Group PLC, in its fast-growing North American mobile business for $1.34 billion. As part of the reorganization of its relationship with the U.S. consumer electronics giant, Carphone Warehouse will shutter the 11 pilot big-box Best Buy stores it opened last year in the United Kingdom.

September 19, 2011

Best Buy Co. is reviewing its 11 stores in the United Kingdom, according to the Sunday Express.

New York City -- Best Buy Co. is reviewing its 11 stores in the United Kingdom, according to the Sunday Express.

The chain operates the stores in a joint venture with Carphone Warehouse Group Plc. Best Buy is in talks with its shareholders about all possible options for its British stores, the newspaper said.
 

June 14, 2011

U.K. mobile phone retailer Carphone Warehouse Group PLC reported Tuesday that its loss for its Best Buy U.K. joint venture widened to $102 million in the year to March 31, compared with a loss of $34 million in the prior year.

London -- U.K. mobile phone retailer Carphone Warehouse Group PLC reported Tuesday that its loss for its Best Buy U.K. joint venture widened to $102 million in the year to March 31, compared with a loss of $34 million in the prior year. CEO Roger Taylor has warned analysts to expect further losses of between $82 million and $98 million this year.

March 29, 2010

Best Buy Co. will open its first British store in May, the retailer said on...

January 14, 2009

Carphone Warehouse Group PLC warned Thursday that challenging times lay ahead even as it reported...

July 8, 2008

Best Buy Co. is looking to new product categories and business models to help it...

June 29, 2008

Best Buy Co. said Monday that its investment in U.K. mobile-phone retailer The Carphone Warehouse...

June 25, 2008

Best Buy Co. expects to double its sales to $80 billion in the next five...

May 7, 2008

Best Buy Co. is paying $2.1 billion for a 50% stake in a European cell-phone...

November 7, 2007

London, Europe’s largest...