EE, Vodafone to acquire Phones 4u stores and safeguard hundreds of jobs
UK retailer Phones 4u has recently gone into administration, announcing the closure of 700 stores and placing 5,600 positions at risk. Luckily for those involved, there is - at least - some light at the end of this tunnel with multiple parties picking up stores and absorbing employees, including both EE and Vodafone.
EE is set to acquire 58 stores from Phones 4u, safeguarding 359 jobs. On Friday, Vodafone announced the company would take over 140 Phones 4u outlets. While UK mobile operators and Dixons Carphone (Currys PCWorld) are looking to absorb Phones 4u property and take on employees who face losing their jobs, there are still thousands of jobs still at risk.
It's reported that the closures came about due to mobile operators limiting the amount of hardware and contracts sold through third-parties to bolster earnings. Carphone Warehouse remains as the sole third-party retailer of wireless phones and service in the UK.
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Rich Edmonds was formerly a Senior Editor of PC hardware at Windows Central, covering everything related to PC components and NAS. He's been involved in technology for more than a decade and knows a thing or two about the magic inside a PC chassis. You can follow him on Twitter at @RichEdmonds.
Plus, this way they look like "those who saved hundreds of jobs".
Great strategy. Not fair, maybe, but who cares, right?
Their customer service was also v. good, they exchanged my faulty phone without quibble.
If they did, then they clearly weren't capable of running an egg and spoon race, let alone a multi-million pound company.