London - European mobile phone retailer Carphone Warehouse has cut the price of Nokia's (NYSE: NOK) first handset to support the Comes With Music unlimited download service, with analysts saying it's due to lackluster sales, Times Online reported. The Nokia 5310 XpressMusic was reduced in price from about $185 to $120 after less than three months on sale. "They are struggling with sales," CCS Insight analyst Paolo Pescatore told Times Online.

London - Nokia on Thursday announced that major label EMI and a number of independents have signed deals to add their tracks to its "Comes With Music" service, which provides buyers of new phones with a year's worth of unlimited song downloads.

London - Six British Internet service providers have signed on to a voluntary code of conduct -- in the face of looming legislation -- that will see them send hundreds of thousands of letters to suspected illegal file-swappers and work with music and other rights holders "towards a significant reduction in illegal filesharing." U.K. ISPs Virgin Media, BSkyB, Carphone Warehouse, BT, Orange and Tiscali are party to the agreement, which came after negotiations facilitated by the U.K.'s Department for Business, Enterprise and Regulatory Reform (BERR), and also includes record label trade group the BPI, and the Motion Picture Association of America.

London - U.S. consumer electronics and media retail chain Best Buy (NYSE: BBY) announced on Thursday that it paid $2.1 billion to acquire 50% of the Carphone Warehouse, a mobile phone retailer that counts over 2,400 stores in nine European countries.

London - Apple's (NASD: AAPL) U.K. iPhone launch partners, O2 and Carphone Warehouse, have slashed the price of the device there by 100 pounds ($197) in anticipation of the launch of a new model of the device, Reuters reports. The 8GB version will now sell for 169 pounds, while the 16GB model will stay at 329 pounds; a similar price cut was enacted by T-Mobile in Germany earlier this month. Apple told Reuters the O2 promotional pricing would not extend to iPhone sales at its own stores.

London - Apple's (NASD: AAPL) 8GB iPhone went on sale in the U.K. and Germany on Friday, sporting price tags of about $563 (GBP) at O2 and Carphone Warehouse in the U.K. and $583 (euros) at T-Mobile stores in Germany.

London - Apple announced in London on Tuesday that wireless carrier O2, a unit of Spain's Telefonica, will be the exclusive U.K. carrier of the iPhone when it launches there on Nov. 9.

London - Europe's largest mobile phone retailer, Carphone Warehouse, has announced the launch of a new music download service that features more than 2.5 million tracks and is compatible with most MP3 players and mobile phones that support the Windows Media Audio format. MyMobileMusic.co.uk also features "Music Insurance," a plan that replaces customers' entire downloaded music library if their computer or MP3 player is damaged or stolen.