Phones 4u goes into administration
After an 18 year run the high street retailer Phones 4u has gone into administration. Sadly, it follows in the footsteps of other UK businesses such as Woolworths and Blockbuster.
The chain announced last night that mobile network operator EE has decided not to renew their contracts with the firm.
Since Vodafone stopped supplying Phones 4u with airtime and contracts a fortnight ago this latest withdrawal came as a hand-forcing blow for the retailer.
Phones 4u lost O2 in January of this year and Three Mobile back in 2012.
The mobile phone retailer has now closed every store in the country, with the loss of more than 5,000 jobs, and the company has announced that it will be entering into administration.
Phones 4u chief executive David Kassler said, "Today is a very sad day for our customers and our staff. If the mobile network operators decline to supply us, we do not have a business. A good company making profits of over £100m, employing thousands of decent people has been forced into administration". He went on to add, "The great service we have provided should have guaranteed a strong future, but unfortunately our network partners have decided otherwise. The ultimate result will be less competition, less choice and higher prices for mobile customers in UK."
If you have taken out a contract through Phones 4u, don't be alarmed, your contract is safe as you will still be supplied by your airtime provider (Orange, EE, Vodafone etc). If you have more concerns, however, feel free to contact Phones 4u using the numbers below:
- Phones 4u Customer Service 0844 8712253
- Technical Support 0844 8712233
- Handset Repairs 0844 8712269
- Phones 4u Care (Insurance) 0844 8710535
- LIFE Mobile Customer Service 0844 3221133