The story
Founded by Charles Dunstone in 1989.1
Early years
The company was co-founded in 1989 by Sir Charles Dunstone and Julian Brownlie, who made an initial personal investment of £6,000 into the company. Guy Johnson of NEC UK became the second partner at the company, later taking up the role of Logistics and Distribution director. In 1990, Dunstone's school friend David Ross, a chartered accountant, became Chief Operating Officer.
1999 to 2009
In January 1999, the company bought Tandy's operations in the United Kingdom for £9 million. In July 2000, Carphone Warehouse issued an IPO. In July 2001, Johnson sold the majority of his stake in the company and retired. Carphone Warehouse bought Opal Telecom in November 2002.
In 2003, Ross gradually stepped down as COO, becoming deputy chairman in July 2005. On 10 October 2006, Carphone Warehouse announced that it would purchase AOL in the United Kingdom for £370m. Also in that month, it was announced that Geek Squad would be launching in the United Kingdom, in a 50/50 joint venture between Carphone Warehouse and Best Buy.
In May 2008, Best Buy agreed to buy a 50% share in Carphone Warehouse's retail business for £1.1 billion, to launch the Best Buy Europe joint venture, named CPW Europe. Best Buy and Carphone Warehouse also opened joint venture stores in the United States.
Ross, by now a non-executive director, resigned from the board in December 2008.
2010 to 2021
In 2010, the broadband and home phone branches of Carphone Warehouse were spun off as TalkTalk.
In May 2014, Carphone Warehouse Group and Dixons Retail announced their merger to create Dixons Carphone. The merger completed on 7 August 2014. The Dixons Group staff moved into 1 Portal Way, the original home of Carphone Warehouse in West London, in May 2015.
In May 2015, Carphone Warehouse launched iD Mobile, a mobile virtual network operator using Three's network.
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In April 2020, products and services from the O2 network ceased to be available from Carphone Warehouse after the companies were unable to reach a contractual agreement.
Closure of standalone UK stores
In March 2020, the company announced that they would be closing all 531 standalone UK stores the following month, with sales operations continuing within co-located "shops within shops" at Currys PC World stores and through the website. It was said that this measure was a result of the changing mobile market.
Closure in Ireland
On 21 April 2021, the company announced that its entire business in Ireland, including all 69 standalone stores, 12 outlets within other stores, and the carphonewarehouse.ie website would close with immediate effect, with the loss of 486 jobs. The company stated the closures were in line with the decision to close all UK stores the previous year, with the changes in the mobile market and customer shopping behaviour being accelerated by the COVID-19 pandemic. Owner, Dixons Carphone, noted that it would continue to sell phones and accessories in Ireland through Currys PC World stores and the Currys website.
Demergers and disposals
On 8 May 2009, Carphone Warehouse agreed to pay £236m in cash for the United Kingdom assets of Tiscali, an Italian telecoms group. Tiscali UK later became part of TalkTalk.
In March 2010 TalkTalk and Carphone Warehouse split, with Dido Harding becoming CEO of TalkTalk and Roger Taylor becoming CEO of New Carphone Warehouse. Dunstone remained Chairman of both companies. On 30 April 2013, Carphone Warehouse agreed to purchase Best Buy's 50% stake in Best Buy Europe for £500 million.
Carphone Warehouse owned 46% of Virgin Mobile France in a joint venture with Virgin Group. In June 2014, Carphone and Virgin agreed to sell Virgin Mobile France to Numericable for €325 million. French competition regulators, ARCEP, approved the deal in November 2014.
From Wikipedia’s article on Carphone Warehouse, shared under CC BY-SA 4.0.4
