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

A shuttered Phones 4u store on Oxford Street in central London. Credit: PA Wire

The administrators of Phones 4u said tonight that 362 stores would close with the loss of almost 1,700 jobs.

Rob Hunt, joint administrator and partner at PwC, said: "It is with much regret that we have today made the difficult decision to close a large number of stores. It is a very sad day for the staff working at those locations and our thoughts are with them. We will make every effort to help the affected staff."

A further 720 staff have been kept on to assist with the closure programme.

The mobile phone retailer, which employed 5,600 people, collapsed last week after all three major mobile networks stopped dealing with the chain.

EE said earlier today it would buy 58 Phones 4u stores, saving 359 jobs, in a deal with PwC, while Vodafone said last week it would pick up 140 stores and keep 900 employees on.

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