Carphone sells Swiss shops

The Carphone Warehouse has agreed a deal to transfer all of its 'Phone House' mobile phone shops and retail employees in Switzerland to Swisscom AG from 1st May. The company's fixed-line and insurance business will continue to be run by The Carphone Warehouse. There are currently 62 Phone House stores in Switzerland and 110 Swisscom outlets. [Sources: press release, Cellular-News.com]