Feeds

CpW unveils new identity excitingness

It'll be called... Consignia! Oh, hang on

HP ProLiant Gen8: Integrated lifecycle automation

Details of the forthcoming Carphone Warehouse demerger are emerging: the company is to become "New Carphone Warehouse" and er, "TalkTalk".

New Carphone Warehouse will hold half of Best Buy Europe (Best Buy USA holding the other half), and almost half of Virgin Mobile France, while TalkTalk runs the fixed and mobile businesses - Charles Dunstone remains chair of both companies.

Under the proposals, which still need shareholder approval, every two shares in Carphone Warehouse will be exchanged for one share in New Carphone Warehouse, and two shares in TalkTalk. So an investor holding 100 shares in CPW can expect to hold 50 in NCpW, and 100 in TalkTalk, once the deal has been completed.

That's going to take a couple of months - the company's general meeting is in February, with the demerger scheduled for 16 March and the two new companies getting listed on the 29 March.

The split was announced in April last year, and has been proceeding steadily ever since with the intention of creating two companies - one focused on selling electronics while the other concentrates on providing services. We had hoped Mr Dunstone would decide to give up on the "Carphone" moniker, though it seems history isn't so easily forgotten and the name will remain even if few people still see it. ®

Maximizing your infrastructure through virtualization

More from The Register

next story
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
NBN Co execs: No FTTN product until 2015
Faster? Not yet. Cheaper? No data
Oh girl, you jus' didn't: Level 3 slaps Verizon in Netflix throttle blowup
Just hook us up to more 10Gbps ports, backbone biz yells in tit-for-tat spat
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.