Mobile giant in revenue boost

Guy Bentley
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CARPHONE Warehouse yesterday unveiled a 3.1 per cent like-for-like revenue increase in the third quarter.

Europe’s biggest independent mobile phone retailer suffered further losses in the pre-pay phone market but managed to achieve a sixth quarter of like-for-like revenue growth.

The London-listed group’s Virgin Mobile France saw revenue decline year-on-year by 15.6 per cent, reflecting a lower customer base.

UK like-for-like revenue rose five per cent during the quarter. Shares closed up 0.6 per cent at 281.5p yesterday.