
A week after British third-party wireless retailer, Phones 4u announced it would be shutting its doors and entered the US equivalent of bankruptcy hearings (called “administration” in the UK), two of the companies arguably responsible for the loss in business have stepped in and announced they would acquire some of Phones 4u’s retail locations and assets.
That will spare at least some of the 5,500 people that stand to be unemployed once Phones 4u completes its administration proceedings.
Last Monday, Phones 4u announced that it would not open the doors at any of its 720 retail locations ...
from PhoneArena - News http://ift.tt/1uBGRSz
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