Carphone boosted by revenue increase

Retail-to-broadband firm Carphone Warehouse today reported a positive start to its financial year after quarterly revenues increased 22% to just over £1bn (€1.4bn).

The group said its retail arm continued to take market share with total connections up 20% to 2.3 million and revenues ahead 12.9% at £445m (€664m), an increase of 3.6% on a like-for-like basis.