Carphone Warehouse looks set to create 10,000 jobs by 2013.
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Carphone Warehouse will demerge its mobile phone retail business – a 50-50 joint venture with American retailer Best Buy – and move its broadband and fixed line telecoms assets into a new listed business, Talk Talk Group.
The new retail business plan will create up to 70 US-style electronics superstores in the UK by 2013, with each employing around 160 staff.