Dixons Carphone and Sprint walk away from joint venture

Dixons Carphone and Sprint have announced the end of a joint-venture, with the US telco taking full control of the initiative.
The UK group entered into an agreement with Sprint in 2015 open and manage a number of Sprint-branded stores in the US, as part of wider expansion plans of the business. Dixon’s has cited a challenging and changing mobile landscape in the US for the exit.
The initial idea was deemed a success, with the experimental 20 stores being expanded to 500, though following