BT takes £149m hit to hang up Carphone Warehouse deal – Telegraph.co.uk
BT has taken a £149m hit after ending a two-decade old relationship with electricals retailer Dixons Carphone.
A disclosure in the telecoms operators annual report revealed the cost of the settlement after it chose to end a contract between EE, its mobile division, and Carphone Warehouse last September.
BT said it had resolved all outstanding matters with the retailer, including revenue share costs that could have previously been recognised over future years.
The £149m settlement cost consisted…
