Carphone Warehouse 2008 Annual Report Download - page 4

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Best Buy
Joint Ventures
We entered into two commercial
agreements with Best Buy, a
leading US consumer electronics
retailer. Firstly, we launched Best
Buy Mobile, an independent mobile
retail format in the US, and secondly
we launched the Geek Squad,
a home technology support
business, in the UK.
Acquired AOL
internet access
business
Acquiring the AOL UK broadband
customer base, we became the
number 3 broadband service
provider in the UK.
Opal Telecom
PLC acquired
We acquired Opal, a fixed line
network operator serving the
business market, in 2002. Its highly
efficient telecoms network provided
the platform for our push into the
residential telephony market.
Launch of free
broadband and
LLU roll-out
Ofcom introduced regulated pricing
on Local Loop Unbundling (LLU),
which allowed CPW to access
BT’s exchanges to install
its own equipment,
significantly reducing
the costs of telecoms
service provisioning.
Onetel and
Tele2 acquired
CPW acquired Onetel and Tele2
UK, two of our main competitors in
residential telecoms, thus doubling
our market share.
200720052001 2002 20042003 2006
200720052002 20042003 2006
TPHT acquired
We acquired Hutchison
Telecommunications GmbH, a
German mobile service provider
with over 500,000 subscription
customers. We rebranded this
business The Phone House Telecom.
Launch of
TalkTalk
Taking advantage of our store
network, the Opal acquisition and
the liberation of the UK fixed line
telephone market, we launched
TalkTalk as a direct competitor to BT.
UK Fixed Line