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BBC News – EE to take over 58 Phones 4U stores

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  • #1

    BBC News – EE to take over 58 Phones 4U stores

    Mobile phone operator EE is to buy 58 stores from Phones 4U, which fell into administration last week. EE said the deal, agreed with administrators PwC, would safeguard 359 jobs. On Friday, Vodafone agreed to take over 140 of Phones 4U’s outlets. Phones 4U collapsed when it failed to reach deals with EE and Vodafone […]

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  • #2
    Re: BBC News – EE to take over 58 Phones 4U stores

    sounds like asset stripping to their advantage!

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    • #3
      Re: BBC News – EE to take over 58 Phones 4U stores

      so ... EE didn't want to do a deal with Phones 4 U, then 'buys' 58 of their stores from the administrators??

      They must be going cheap :tinysmile_hmm_t2:
      Debt is like any other trap, easy enough to get into, but hard enough to get out of.

      It doesn't matter where your journey begins, so long as you begin it...

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