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Carphone enters Vodafone tie-up Carphone enters Vodafone tie-up
(about 4 hours later)
Carphone Warehouse is to launch a new mobile phone service, which will run through Vodafone's network.Carphone Warehouse is to launch a new mobile phone service, which will run through Vodafone's network.
To be called Talkmobile, it will run alongside Carphone's existing services, Fresh and TalkTalk Mobile, which operate through T-Mobile's network.To be called Talkmobile, it will run alongside Carphone's existing services, Fresh and TalkTalk Mobile, which operate through T-Mobile's network.
The deal with Vodafone comes as a surprise, as a year ago Vodafone said Carphone would no longer be able to sell its mobile phone contracts.The deal with Vodafone comes as a surprise, as a year ago Vodafone said Carphone would no longer be able to sell its mobile phone contracts.
A sign of rapprochement between the two firms, Carphone's shares rose 3.6%.A sign of rapprochement between the two firms, Carphone's shares rose 3.6%.
Carphone Warehouse will continue not to sell Vodafone's mobile phone contracts.Carphone Warehouse will continue not to sell Vodafone's mobile phone contracts.
Renting network spaceRenting network space
Talkmobile will be a pay monthly service based around a nine-month contract.Talkmobile will be a pay monthly service based around a nine-month contract.
It will operate by renting excess network capacity from Vodafone, the same as Fresh and TalkTalk Mobile do through T-Mobile.It will operate by renting excess network capacity from Vodafone, the same as Fresh and TalkTalk Mobile do through T-Mobile.
Virgin Mobile has a similar arrangement with T-Mobile, and such services are known as mobile virtual network operators or MVNOs.Virgin Mobile has a similar arrangement with T-Mobile, and such services are known as mobile virtual network operators or MVNOs.
Carphone is the UK's largest mobine phone retailer. Carphone is the UK's largest mobile phone retailer.