UK News - Carphone Wharehouse May Split Business

[GhostShip]

In this time of media driven financial doom and gloom many of the big ISP companies are getting restless and seeking to reassure their backers that they are able and willing to turn a profit, this is a recent report regarding carphone wharehouse and its plans.

http://www.theregister.co.uk/2008/11/18/cpw_results/

Carphone Warehouse boss Charles Dunstone has launched a "formal review of the group's corporate structure" which could lead to the breakup of the telecoms group.
Dunstone confirmed a split was possible as the firm unveiled interim results which showed a pre-tax loss and "headline" profits falling across the company's businesses.

The integration of AOL customers saw 93,000 of them disappear. 48,000 of these were just entries in the billing system and the remainder will be migrated onto TalkTalk as quickly as possible.

Theres plenty more numbers in the article to read through but its clear this is a message to the market to calm nerves and keep folks already investing on the wagon. I expect we will see more news of this sort from the other big UK groups before someone declares the rough times are over.

[Lagerlout666]

Throttling nothing to do with it either i imagine. They should take a leaf out of bethere.co.uk, a large growing company and oooooo no throttling.