Tesco plans to challenge the market leadership of Carphone Warehouse by opening new in-store phone shops this year.

The supermarket, which will this week report record annual profits of about £3 billion, will have opened more than 100 shops selling mobile and land-line packages in its largest stores by next March. It intends to be open for business in all 210 of its Tesco Extra sites two or three years after that.

The move is part of Tesco’s strategy to expand beyond traditional groceries, where sales growth has been slowing.

Sunday Times