Re: 5G Boon?!?
You too are missing the point, you are just talking about handsets. Carphone sell network connections, 24m postpay & simo. Tariffs the deals & data (value for money) are all better than than they were 2/4/6/8 years ago... Ie the deals are better.
Yes the market trend is to hold on to your handset longer, 5G handsets will be a shot in the arm, i don't think it will be as big as the 4G switch, whilst volume will be a challenge, price points & margin on 5G will be stronger.
Last point, if you think Carphone have it tough look at the margin pressures networks are under. Introduction of bill capping is going to be felt in next years results. Plus the new rules around banning post pay contracts over 24 months and networks having to move people to a simo after 27m (meaning they cant go on over charging customer after the contract minimum term is up)