Dixons and Carphone Warehouse Merger Gives Birth to Dixons Carphone

By Gerald Lynch on at

The rumoured £3.8 billion Dixons / Carphone Warehouse merger has today been confirmed, bringing together two of the largest tech retailers on the UK high street under the new Dixons Carphone banner.

Pooling together Dixons' 950 Currys and PC World outlets, and Carphone Warehouse's 2,000 mobile phone shops, the combined forces will have close to 35,000 employees and almost 3,000 retail spaces at their disposal, before any cost and job-cutting measures take place. Carphone Warehouse has stated that the deal will save up to £80 million per year once given the green light by shareholders, meaning that job cuts will most likely follow.