The Register® — Biting the hand that feeds IT

Feeds

Phones4U raves about '3G Christmas'

Corners third of 3G sales

Regcast training : Hyper-V 3.0, VM high availability and disaster recovery

Three in 10 of all 3G phone contracts sold in the UK are flogged by Phones4U shops, the retailer announced yesterday.

"This has definitely been a 3G Christmas for Phones4U," said boss John Caudwell, echoing comments made by Dixons that this year had been a "digital Christmas".

"I believe Phones4U is attracting younger and more technology-savvy customers than any other high-street mobile-phone retailer in the country," he chirped.

His bullish comments came as the retailer revealed record profits on the back of strong Christmas trading. Publishing results for the 12 months to December, the firm reported that group turnover rose 15 per cent to £2.12bn while EBITDA (earnings before interest etc) hit £161m.

The firm - which also includes phone business Caudwell Communications as well as mobile handset and accessories distributors 20:20 and Dextra - is still looking for a buyer following the tycoon's decision to flog his business empire.

A shortlist of firms interested in buying the business is being compiled with a sale likely to be completed later this year. ®

Requirements Checklist for Choosing a Cloud Backup and Recovery Service Provider

More from The Register

Microsoft to open Windows Stores inside 600 Best Buy locations
Product showcases 'must be seen to be believed'
Author Iain (M) Banks falls to cancer at 59
Misses the release of his final work
 breaking news
What did the Lehman Brothers implosion look like to a techie?
Insider tells all about the Gnab Gib at Lehmans
It's official: 'tweet' an English word – not just in the avian sense
If the Oxford English Dictionary says it is so, then it is so
 breaking news
The only Waze is Google: Ad giant tipped to gobble map app 'for $1.3bn'
Pac-Man-satnav-ish upstart in bidding war with Apple, Facebook
 breaking news
1-in-10 e-tomes 'are self-published'... most are 'rubbish' says book ed
Publishing man scoffs at go-it-alone writers, ursines still fouling in forests
 breaking news
Facebook RSS reader said to uncloak June 20
Secret event scooped by Scottish developer?