Carphone Warehouse 2011 Annual Report Download - page 4

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BEST BUY UK
• Best Buy UK is our Best Buy branded
stores and online proposition in the
UK, which commenced trading in April
2010, offering full range of consumer
electronics.
• Differentiated, service-led
proposition, with the ‘Connected World’
at its heart.
• Six ‘Big Box’ stores at March 2011
with typical size of 25,000-45,000 sqft.
• Five more ‘Big Box’ stores scheduled
through to summer 2011.
• Extended online range, with home
and in-store delivery options.
PROPERTY ASSETS
• Four freehold properties in the UK,
generally with long-term leases.
£74m market value
NET FUNDS AND LOAN ASSETS
• Net funds to cover short-term
commitments to joint ventures,
but available for distribution in
medium-term.
• Loan assets being repaid by
Virgin Mobile France from operating
cash flows.
value of £156m
NO.1 MVNO IN FRANCE
• Joint venture with Virgin Group,
leading experts in developing
MVNOs worldwide.
• Launched in 2006 and now by far
the largest MVNO in France.
• Strong brand with innovative
propositions and award-winning
customer service.
• Strong relationships with retailers,
with over 2,500 retail points of sale.
• Continuing to grow strongly, with target
of over 2 million customers this year.
• Business now highly profitable,
despite continued investment in growth.
1.9m customers
OTHER ASSETS
VIRGIN MOBILE
Détendu
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