Dixons Carphone: In. Phones4U: Out?
The cut-and-shut merger of Dixons and Carphone Warehouse has had its position bolstered by Vodafone renewing a long-term contract with the retailer, after evil gossips suggested otherwise.
As well as strengthening their links with Dixons Carphone, Vodafone also shucked off their involvement with Phones4U, making their position a bit of a headache, raising questions about THEIR future as they've just also lost O2 and only have EE for company now.
Shares in Dixons Carphone went up to 368.4p, which sounds all quite good doesn't it, making a 6.9% gain and sending the new company to its highest level yet, and giving them a market value over £4.2 billion.
So hurrah for Dixons Carphone, and um, a, well, er to Phones4U.