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Phones 4u slips into administration after EE cuts ties with Brit mobe retailer

Anonymous Coward
Anonymous Coward

"the last time I was in there, they had plenty of pay as you go phones, tablets and other stuff for sale so i'm sure they could at least run for the next year and try and diversify further to keep the business viable"

Who'd go into a mobile phone shop that didn't offer mobile phone contracts? Even on PAYG they'd struggle to compete against proper retailers with well managed inventory and supply chain (Amazon, Argos and Tesco, and the only reason they may have been competitive before would be network commissions. So they'd have a quite large shop selling the small range of phone and tech related tat normally associated with a market stall. I just can't see it working.

Also, directors have to sign off accounts declaring that the business is a going concern. Even with a year's notice, who's going to risk being disqualified as a director, or even jail time for fraud in the hope that they can perhaps put together a business selling trinkets?

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