14-664: ID Mobile Currys plc is a British multinational electrical and telecommunications retailer and services company headquartered in London, which was formed in 2014 by the merger of Dixons Retail and Carphone Warehouse Group . It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index . The company operates under a number of brands in the United Kingdom, Ireland and mainland Europe. These include Currys in
28-509: A handset, or 1, 12 and 24 month SIM-only contracts. All services use the 3G , 4G or 5G signal from the Three network. These can be bought online via the iD Mobile website, via iD Mobile telephone sales or in a Currys or Carphone Warehouse store. Features include tethering, rollover of unused data allowance (to the next month only) and roaming (50 destinations). In June 2017, Dixons Carphone announced their intention to withdraw iD Mobile from
42-624: A series of sketches involving friends video calling each other in situations reminiscent of classic scenes from the sitcom. They also sponsored ITV 's broadcasts of Family Guy , with a series of sketches involving families texting and video calling each other to make jokes. iD Mobile is part of Currys plc . In 2023, iD Mobile announced they had reached 1.5 million subscriptions. For the year ending 30 April 2022, iD reported turnover of £100 million and profit before tax of £23.9 million. Ian Livingston, Baron Livingston of Parkhead Too Many Requests If you report this error to
56-661: A stake in Currys, which would increase during the year. In November 2023, Currys announced that they would be selling their Greek and Cypriot business, Kotsovolos, and would be leaving the South Eastern European market. Outside the UK and Ireland, the company would do business only in the Nordic countries . On 17 February 2024, Sky News reported that Elliott Investment Management was interested in buying Currys for £700M; Currys turned down
70-630: Is Alex Baldock , appointed in 2018. The CFO of the business is Bruce Marsh, appointed in July 2021. The group was fined £400,000 by the Information Commissioner in January 2018, as a result of unauthorised access to the personal data of over three million customers in 2015. A further security breach, said to affect 1.2 million customers, was reported by the company in June 2018. The number of customers affected
84-559: The FCA's findings and qualified for a 30% discount, reducing the fine from £41.6m. In June 2019, shares in Dixons Carphone fell almost 20% following a significant decline in full year profits, mainly caused by consumers' growing delay in upgrading their mobile phones. On 3 April 2020, the company permanently closed 531 stand-alone Carphone Warehouse stores that were solely focused on telephone devices. Subsequently, 3,000 job positions related to
98-513: The United Kingdom and Ireland and Elkjøp , Elgiganten Gigantti in the Nordics . Following shareholder agreement in July 2014, the £3.8 billion merged entity was launched on 7 August 2014; on the first day of trading the shares in the merged business were owned 50:50 by the former Dixons Retail and former Carphone Warehouse shareholders. Carphone Warehouse's Sir Charles Dunstone was appointed chairman, and Sebastian James became chief executive. On
112-455: The affected stores were cut. According to the firm, the reason behind the closure of the stores was the online shift of customers and a lesser extent of phone upgrades. Following the spread of the COVID-19 pandemic , on 4 August 2020, Dixons Carphone announced 800 job cuts in response to increased costs. The company also announced plans to re-organise its operations in its bigger stores. Regarding
126-472: The decision, the firm's chief operating officer stated that they wanted "to empower store leadership teams, create a flatter management structure and make it easy for customers to shop with us." The business was renamed from Dixons Carphone to Currys plc in September 2021. The Currys brand also replaced the company's PC World , Team Knowhow and Carphone Warehouse brands. In June 2023, Frasers Group acquired
140-616: The first day of trading, the company opened Carphone Warehouse concessions in seven PC World or Currys stores. In December 2016, Dixons and SSE , a domestic energy supplier, announced a partnership to provide "connected home" services in the United Kingdom. In January 2018, Sebastian James resigned as chief executive to become president and managing director of Boots UK . Alex Baldock left his previous role as chief executive of Shop Direct (the company responsible for brands such as Very and Littlewoods) to succeed James as chief executive of Dixons Carphone. In March 2019, Dixons Carphone
154-708: The market in Ireland . Services ceased in April 2018, and iD Mobile Ireland filed for liquidation. iD mobile use the tag line 'Mobile done right', focusing on providing value packages with simple features. Previous advertising has included the Fletcher Street Urban Riding Club from North Philadelphia, British comedian Asim Chaudhry , and a year-long partnership with the Kiss Breakfast Radio show. In 2022, they sponsored Friends on Channel 5 featuring
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#1732858363419168-542: The offer. A leading shareholder in Currys demanded that the company's board not engage with potential suitor Elliott Advisors unless it proposed a minimum offer of 75p-a-share, valuing the retailer at around £800m, amid claims that a 62p-a-share offer from Elliott undervalued the company. The company owns the following brands: 2020 (Nordics) The company's board is chaired by Ian Livingston . The non-executive directors are Andrea Gisle Joosen, Eileen Burbidge , Fiona McBain, Gerry Murphy and Tony DeNunzio. The CEO of Currys plc
182-482: Was given a £29.1m fine from the Financial Conduct Authority (FCA) for mis-selling its Geek Squad services. The FCA found that the company's staff were trained to sell the service to customers who already had an insurance cover. During the period under investigation, between 1 December 2008 and 30 June 2015, Carphone Warehouse sold Geek Squad policies worth more than £444.7m. Dixons Carphone did not contest
196-524: Was later increased to 10 million. ID Mobile iD Mobile is a British mobile virtual network operator (MVNO) operating as iD Mobile Limited, using the Three network. The company is a wholly owned subsidiary of Currys plc , and its services were launched on 12 May 2015. Until April 2018, service was also provided in Ireland, again using the Three network. iD offers pay-monthly contracts for 24 months with
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