Sprint and Dixons Carphone’s Connected World Services (CWS) division announced that they are to end their US joint venture.
With that, the ownership of Sprint Connect stores, previously operated under equally shared ownership of the JV between the two companies, will transfer to full Sprint ownership while Sprint continues to utilize Dixon Carphone’s retail platform.
Sprint will be assuming full ownership of more than 100 stores currently operated by Sprint Connect.
In 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.
Andrew Harrison, Dixons Carphone Deputy Group CEO
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.
Kevin Crull, President of Omnichannel Sales, Sprint
We thank Dixons Carphone, a world-class operator, for helping accelerate our retail transformation through this partnership. We look forward to leveraging their innovative platform across Sprint stores as we rapidly expand our retail footprint and enhance our customer experience.
