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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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Phone network EE to buy 58 Phones 4u stores

Phone network EE has said it will buy 58 Phones 4u stores - safeguarding 359 jobs - in a deal with administrator PwC.

The collapse of Phones 4u, which went into administration last week following EE's decision not to renew its contract, affected 5,600 workers at 560 Phones 4u stores and a further 160 concession outlets.

EE said the stores and 359 employees will be transferred with immediate effect. Credit: Philip Toscano/PA Wire

EE said the stores and 359 employees will be transferred with immediate effect, although the location of the shops has not been disclosed.

The stores will be re-branded to EE and it is planned that most will be opened in the next week.

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