Business
Sprint JV stores and Honeybee deployment
Sprint JV stores and Honeybee deployment.
About this update from Currys Plc
[{"type":"text","content":"\n \nRNS Number : 6466H Dixons Carphone PLC 09 June 2017 \n\nDixons Carphone plc\n \n \nSprint JV stores to transfer to Sprint Inc\nDixons Carphone to focus collaboration on Honeybee deployment\n \nIn July 2015, Dixons Carphone's Connected World Services (CWS) division and Sprint entered into an agreement to open and manage a number of Sprint-branded stores in the US and provide certain consultancy services to Sprint. In March 2016 they entered into a further agreement to deploy Honeybee into the Sprint retail estate.\nIn light of the changing US mobile market landscape and Sprint's review of its own distribution strategy, the companies have reached mutual agreement that CWS will focus on the deployment of the Honeybee platform across the entire Sprint estate and that Sprint will acquire the CWS 50% share of the distribution joint venture.\nAndrew Harrison, Dixons Carphone Deputy Group CEO said:\n\"We have enjoyed working with Sprint to accelerate their store opening programme over the last two years and have developed an estate and a pipeline to help support their ambitious growth plans. With the significant shift in the US mobile market, now is the right time to transfer these stores to Sprint, and to concentrate on our exciting software business, Honeybee. It has been a privilege to work so closely with Marcelo and his excellent team as they turn around this amazing business and we look forward to making Honeybee as successful for Sprint as it is for us.\"\nKevin Crull, President of Omnichannel sales at Sprint said:\n\"We thank Dixons Carphone, an innovative, world-class operator, for helping accelerate our retail transformation through this partnership. We continue to enjoy a productive relationship with Dixons Carphone and look forward to rolling out the Honeybee platform across our store estate, whilst consolidating a number of our branded distribution partnerships.\"\nDixons Carphone reports its Preliminary results on 28th June 2017.\nFor further information \n\n\n\n\nKate Ferry\n\n\nIR, PR & Corporate Affairs Director\n\n\n+44 (0)7748 933 206 \n\n\n\n\nMark Reynolds\n\n\nHead of Investor Relations \n\n\n+44 (0)7979 696 498\n\n\n\n\nHannah Collyer\n\n\nHead of Media Relations\n\n\n+44 (0)7834 256 775\n\n\n\n\nNick Cosgrove, Helen Smith\n\n\nBrunswick Group\n\n\n+44 (0)207 404 5959\n\n\n\n\nInforma...