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Administrator closes 362 Phones 4u stores as 1,700 jobs go

Beleaguered mobile phone retailer Phones 4u is to close 362 stores, with the loss of nearly 1,700 jobs, administrators said tonight.

A further 720 staff have been retained to assist with the closure programme, PwC said.

It comes after Phones 4u went into administration last week following network operator EE's decision not to renew its contract.

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Phones 4u founder condemns 'collusion' by mobile networks

Phones 4u founder John Cauldwell Credit: Ian West/PA Wire

The founder of Phones 4u has claimed that Britain's big three mobile network operators made what appeared to be a "co-ordinated attempt to kill off" the retailer.

John Caudwell condemned the decision of O2, Vodafone and EE to cut ties with Phones 4u within the space of six months.

"What I find appalling is the way this has been done - the way the networks seemed to have worked in collusion," he told Sky News. "I'd love to be able to prove that point because if there was obvious proof of collusion, then that'd be extremely worrying."

Mr Caudwell added: "This network decision is extremely callous ... these things do happen but I've never seen such a ruthless, hard-hearted attempt to kill a company in my history in business."

He sold the retailer in 2006 to concentrate on philanthropic activities.

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