Carphone Warehouse hails broadband scheme success in UK

Carphone Warehouse today said it had signed up 340,000 customers to its “free” broadband service Talk Talk in the UK – well ahead of the number it anticipated.

Carphone, Europe’s largest mobile phone retailer, said it had connected more customers to the service in the first eight weeks since launch than it had planned to do in the first four months.

Carphone Warehouse sells mobile phones and related-products and services in 1,800 stores in the UK, Ireland and across Europe.

Reporting a 36% increase in pre-tax profits and 29% growth in revenues for the year to April 1, chief executive Charles Dunstone said future prospects for the firm were good.

Carphone intended to continue the expansion of its store portfolio and had a target of 15% growth in mobile connections over the coming year, he said.

“Our aim was to change the UK broadband market forever, and there is no doubt that we are well on our way to achieving this,” he added.