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Phone House Portugal to be sold to Digital Place

2015-08-02 14:47:00| Telecompaper Headlines

(Telecompaper) Dixons Carphone has agreed to sell The Phone House Portugal to Digital Place, a company owned by the shareholders of regional telecoms retailer and wholesaler TLCI. The Phone House Portugal operates 130 stores and for the 13 months to 2 May 2015 reported losses after restructuring costs of GBP 8 million. The UK-based retailer also recognised an impairment of GBP 13 million on the Portuguese operations. The sale is part of Dixons Carphone's strategy to exit poorly performing markets in order to focus on countries where it has a leading position. Following completion, expected by the end of August, Dixons Carphone said it will receive a small cash consideration. A deferred cash consideration based on profitability will be payable over five years. Further financial details of the sale were not disclosed. Dixons Carphone will continue to provide insurance services to The Phone House Portugal through its Connected World Services division. 

Tags: place house phone digital

 

'Phone farmers' reaping the benefits

2015-07-31 01:13:39| BBC News | Business | UK Edition

The tech helping Kenyan smallholders reap rich rewards

Tags: phone benefits farmers reaping

 
 

Google brings deep neural networks to your phone with Translate

2015-07-30 19:24:00| Extremetech

Google's neural networks are good for more than just making trippy art. If you download their latest translation app, you will be using a deep neural network -- not just through the cloud, but right on your own phone.

Tags: phone google deep networks

 

India IP Phone Market, CY 1Q 2015

2015-07-29 22:41:13| Telecom - Topix.net

Expansion of network infrastructure across the country coupled with increasing demand for better media quality and economical communication services have resulted in the growth of IP Phone Market in . Additionally, advancements in VOIP technology and increasing market awareness among the Indian consumers have further assisted the market growth.

Tags: phone market india phone market

 

Motorola, Alcatel Believe an Unlocked Phone Wave Is Coming

2015-07-29 18:02:55| PC Magazine Cell Phones Product Guide

The unlocked phone market in the U.S. will really take off once Verizon starts accepting LTE-only phones in mid-2016.

Tags: is phone coming wave

 

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