Published on Finance Week (http://www.financeweek.co.uk)
Carphone Warehouse splashes £30m on new billing system
Created 2008-08-06 10:25

The aim of the project is help the business shift all its customers onto a common billing platform.

Finance director Roger Taylor says following the mobile communication retailer’s acquisitions of Talk Talk, Onetel, and AOL UK, customers are now spread across a variety of different internal billing and customer relations packages.

Taylor also reveals the company will continue to hold its debt entirely in bank facilities, despite expecting it to expand to as much as £650m in March 2007 from £273.4m in April this year.

“All the debt is just vanilla bank debt and we are very comfortable with our banking arrangements. All the banks have been very supportive of the business and the acquisitions we have made.”


Source URL: http://www.financeweek.co.uk/item/4501