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Carphone Warehouse TalkTalk Split and Shares

Carphone Warehouse and TalkTalk will be splitting because the parent company wishes to concentrate more in consumer electronics sales according to PCR.

Carphone Warehouse will retain the groups 50 per cent share in Best Buy Europe, they will move forward and open some electronic stores in the UK; stores will open in Europe from April.

Old Carphone Warehouse shares were at around 190.5p at close of trade on 23 March, this could change to 153p for new Carphone and those in TalkTalk at 115p. For More information please visit Computer Weekly.

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