British telco Dixons Carphone has sold the Dutch branch of The Phone House to local competitor Optie 1, just days after selling its German branch to the German telecoms company Drillish AG.
Keep minority stake
Dixons Carphone used to have all The Phone House Nederland's shares, but ever since Dixons and Carphone Warehouse merged, the company has undergone some restructuring. This time, it has decided to sell 83 % of the Dutch branch's to Optie 1, while keeping hold of a minority stake.
"Following last week's disposal of The Phone House Deutschland, this is another step in our clear strategic plan to focus on our core retail business in markets where we have scale and real relevance to customers, whilst growing through service partnerships in the wider international arena. We look forward to building a strong and healthy business together", CEO Sebastian James said.