Feeds

DSG could offload The Link - report

Sale rumours surface again

Secure remote control for conventional and virtual desktops

DSG International could be about to offload its troubled mobile phone business to cellco O2.

The Link is a joint venture between DSG (60 per cent) and O2 (40 per cent) and has been dogged by speculation about its future for months.

The Guardian reports that an announcement could be made as early as this week when DSG - which is behind Dixons, Currys and PC World among others - publishes its latest set of results.

Speculation about the future of The Link - which has struggled to cope with the likes of Carphone Warehouse - is nothing new. Reports surfaced last April that DSG was looking to flog The Link after what was described as a "torrid Christmas trading period".

Last September, it was reported that DSG was looking to sell its majority stake in the business but the retailer hit back saying that it backed The Link. In fact, DSG went a step further saying that it has made no secret of the fact that it would be prepared to buy out O2's 40 per cent stake, something rejected by Telefonica-owned O2.

In a trading update issued last month DSG admitted that the "overall performance of The Link continues to be disappointing" with like for like sales over the last 12 months down 25 per cent. DSG is due to publish it latest set of results on Wednesday. ®

Internet Security Threat Report 2014

More from The Register

next story
Mighty Blighty broadbanders beg: Let us lay cable in BT's, er, ducts
Complain to Ofcom that telco has 'effective monopoly'
Download alert: Nearly ALL top 100 Android, iOS paid apps hacked
Attack of the Clones? Yeah, but much, much scarier – report
Broadband sellers in the UK are UP TO no good, says Which?
Speedy network claims only apply to 10% of customers
Yahoo! blames! MONSTER! email! OUTAGE! on! CUT! CABLE! bungle!
Weekend woe for BT as telco struggles to restore service
Fujitsu CTO: We'll be 3D-printing tech execs in 15 years
Fleshy techie disses network neutrality, helmet-less motorcyclists
Facebook, working on Facebook at Work, works on Facebook. At Work
You don't want your cat or drunk pics at the office
Soz, web devs: Google snatches its Wallet off the table
Killing off web service in 3 months... but app-happy bonkers are fine
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Designing and building an open ITOA architecture
Learn about a new IT data taxonomy defined by the four data sources of IT visibility: wire, machine, agent, and synthetic data sets.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.