Vodafone Ditches Carphone

LONDON -- Carphone Warehouse notes the announcement by Vodafone UK today of its decision to enter into an exclusive arrangement with Phones 4U over the distribution of Vodafone subscription connections.

We do not expect there to be any impact on market forecasts for this or future years as a result of this change in commercial arrangements, as Carphone Warehouse will continue to retain its core customer values of independence and impartiality, and offer customers the most appropriate network proposition.

Carphone Warehouse Group plc (London: CPW)

Vodafone Group plc (NYSE: VOD)