Phones 4U goes into administration: Senior mobile operator exec explains why retailer went bust

http://www.independent.co.uk/news/business/news/phones-4u-goes-into-administration-senior-mobile-operator-exec-explains-why-retailer-went-bust-9734061.html

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Phones4U’s collapse into administration has undoubtedly been a personal disaster for the thousands of employees who’ve been voicing their anger at the way they learned their employer was going the way of the Rabbit phone network, Squarials and Cellnet.

But when we spoke unattributably to an – ahem –  very senior executive at one of the big mobile companies, we were told that, from where they were sitting, Phones4U was toast long ago. Big in its day, but rapidly becoming obsolete. The only surprise, this person said, was that phone companies had kept with it for so long.

They gave the following reasons:

Not that any of this is the fault of the poor blighters now facing an autumn of joblessness. Let’s hope Carphone, and the operators themselves, do the decent thing and hire as many of them to their shops as they can.