Feeds

Carphone Warehouse considers TalkTalk amputation

ByeBye?

High performance access to file storage

Carphone Warehouse will suggest to investors it might spin off its TalkTalk ISP and home phone business, according to multiple reports today.

The firm is due to post interim results today, and has apparently whispered to the Sunday Times and others that a demerger will be raised as a possibility, although not an imminent one.

It's reckoned that TalkTalk accounts for about £1bn of the group's current £1.3bn valuation. CEO Charles Dunstone would be keen to maintain a stake in both companies if a split can be arranged, according to the Sunday Times' anonymous sources.

The spin provided to the papers is that two separate companies would be worth more to shareholders than the current retail-telco chimera. And without TalkTalk, Carphone Warehouse could concentrate better on its ill-timed expansion plan with US electronics superstore chain Best Buy, it's suggested.

The usual potential ISP buyers (Vodafone, Sky, O2) are being tossed around for TalkTalk by analysts. Given Tiscali's ongoing problems flogging its UK customer base and the economic climate, a sale is likely to be difficult. ®

High performance access to file storage

More from The Register

next story
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
Broadband Secretary of SHEEP sensationally quits Cabinet
Maria Miller finally resigns over expenses row
Skype pimps pro-level broadcast service
Playing Cat and Mouse with the media
Beat it, freetards! Dyn to shut down no-cost dynamic DNS next month
... but don't worry, charter members, you're still in 'for life'
Like Google, Comcast might roll its own mobile voice network
Says anything's possible if regulators approve merger with Time Warner
EE dismisses DATA-BURNING glitch with Orange Mail app
Bug quietly slurps PAYG credit - yet EE denies it exists
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.