The Carphone Warehouse Group PLC
July 30th, 2001
The Carphone Warehouse Group PLC today confirms its most recent developments in connections and business mix.
For the period 1 April to 21 July 2001 total Group connections grew by 20% to over 933,000 compared to the same period last year. Overall the subscription mix year to date is over 55%, an increase from 47.6% in the corresponding period last year.
In the months of June and July, since the change in the UK prepay prices, we have seen our UK subscription mix increase to 61%.
Across the Group in the months of June and July 2001, total connections have grown by over 18% compared to the same period last year. Group mix in the period was 57% an increase from 47.5% in the corresponding period last year.
Charles Dunstone, Chairman and Chief Executive Officer said:
“We are clearly demonstrating our ability to continue to attract a high quality customer base. Our proven track record in providing value added customer service ideally positions us to take advantage of a market that is increasingly focusing on high spending subscription customers rather than purely acquisition and volume.
“Looking ahead we continue to believe we are in a strong position to succeed in a pan-European marketplace that is in the process of significant change.”
For further Information:
Charles Dunstone 0845 604 1207
Notes to editors:
The Carphone Warehouse Group PLC will announce its interim results on 7 November 2001