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Shares tumbled over 20% in morning trade as the company also updated the market on trading.Dixons Carphone said total revenue rose 3% in the year to April 16, while like for like sales were up 4%.We know we can do a lot better.” The store closures will add to the pain on the high street, with Dixons Carphone adding its name to the long list of retailers - Carpetright, Mothercare, Byron and others - to have shuttered outlets in the face of falling consumer confidence.Mr Baldock added that he is renegotiating contracts at Carphone Warehouse with the aim of “improving our business model”, while also pointing to a difficult electricals market.OPS FREQUENCIES Ops frequencies are still in the same band although may employ encryption or use frequency hopping.Due to security protocols, domestic training and exercise flights do not normally use encryption - so you may be able to monitor UHF OPS frequencies for some of these aircraft in Australian airspace.The mobile phone retailer said it would close 92 of 650 standalone Carphone Warehouse stores in a bid to cut costs.

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In mobile, we’re stabilising our performance through improvements to our proposition and network agreements.

New chief executive Alex Baldock said: “Eight weeks in the business have cemented my optimism about Dixons Carphone's long-term prospects.

I've found exceptional strengths, and though there's plenty to fix, it's all fixable.

“In both, we’ll work hard to improve our cost efficiency.

We won’t tolerate our current performance in mobile, or as a group.

However, the firm insisted that no jobs will be lost as staff will be offered the chance to move to larger outlets nearby.

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