Dec 13, 2017

Dixons Carphone shares pop over 7% higher on plans for mobile rejig

Shares in Dixons Carphone have jumped by 7.7 per cent at the open after the retailer announced plans to rejig its mobile phones division to help cope with a tough environment. In its results covering the half year to the end of October, the retailer said customers are holding onto phones for longer, and the launch of the latest iPhone came a little too late for this reporting period. It has a plan, with a revamp that will make this division "Simpler" and less "Capital intensive". Shareholders appear cheered, with shares up 7.7 per cent at pixel time, at 180p. Print this page Send this article.

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