Feeds

CpW unveils new identity excitingness

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

Next gen security for virtualised datacentres

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. ®

The essential guide to IT transformation

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.