Carphone gets X-Factor boost
SPONSORSHIP of ITV's hit show X-Factor helped Carphone Warehouse's TalkTalk broadband business add another 36,000 customers in the third quarter, the group said today.
The group increased its full-year forecasts for the second time in two months, helped by the increase in new broadband customers, which was also boosted by its takeover of Tiscali's UK operations.
Carphone, which is splitting its TalkTalk business and Best Buy Europe retail joint venture into two companies, said it now expects year-end broadband customers at the top end of its guided range, at between 4.1 million to 4.2 million.
It also upped guidance for its share of Best Buy Europe's net income to between 40m and 45m after a 5.5 per cent rise in like-for-like sales for the three months to December 31.