UK Business News

Microsoft and Nokia have formed an alliance in a bid to offer stiffer competition against smart phone rival, Research in Motion Ltd’s, BlackBerry, the market leader currently dominating the mobile telecommunications business.
The alliance will also aim to unsettle Google who have recently expanded into offering free online software, that is seriously aimed at damaging the [...]

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Carphone Warehouse has reported a drop in revenue from it’s Talk Talk brand, despite increasing line rental charges in March. The group reports a 2% fall in revenue since the line rental charge was increased from £10.50 to £11.25 in March this year.
The company says that it is still on target with an increase in [...]

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Carphone Warehouse Group has won the approval of the European Union antitrust authorities, leaving the company free to go ahead with the proposed takeover of Internet service provider Tiscali UK.
The European Commission said in a statement today that the transaction would not impede competition and indeed would face stiff competition from other players in the [...]

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Carphone Warehouse are to go ahead with plans to purchase the UK assets of Italian internet provider Tiscali, a deal that will make the  telecommunications company the largest residential broadband provider in the UK.
The deal is expected to be finalised by June, but is subject to approval by competition authorities and Tiscali obtaining formal approval [...]

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The worlds largest mobile phone group, Vodafone have said they will be cutting 500 jobs in it’s UK operation as part of plans to free up cash flow and boost profits. The job cuts will affect 5% of  Vodafones UK workforce, but represents a small part of an overall one billion pound cost cutting exercise [...]

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