Britain Is Following America Down A Rocky Economic Road
May 10th, 2008 | By Martin Denholm | Category: International InvestingIn 2006, Carphone was the first UK company to launch free broadband to almost 70% of the population and in also acquiring Time-Warner’s AOL Internet access, it’s Britain’s #3 broadband provider. It’s also O2’s retail distributor for Apple’s iPhone in the UK.
For investors, it’s a chance to play a rebound in the company’s shares, with the price having slipped around 13% over the past year. And they don’t even have to get used to a convoluted new corporate name like the Carphone Best Buy Warehouse either!
I’ll chat to you again here soon. Have a pleasant and restful weekend.
Martin Denholm
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