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Phones 4 U into administration

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Old Sep 14, 2014 | 11:06 PM
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Default Phones 4 U into administration

http://www.telegraph.co.uk/finance/n...o-hang-up.html

Didn't see that one coming..
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Old Sep 14, 2014 | 11:13 PM
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Maybe they should have put their recently acquired Delorean to better use?

I was expecting carphone warehouse to fold before them...considering the mess left after best-buy pulled out the UK.
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Old Sep 15, 2014 | 12:31 AM
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Can't see how these places are still going, there over priced, and now most phones are on separate finance you can go with the cheapest company like 3 and buy phone separate
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Old Sep 15, 2014 | 08:45 AM
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Looks like Carphonewarehouse is going under as well. It always made me wonder how these nationwide stores could survive selling phones when 99% of the time its cheaper going for the phone dire t from the service provider.
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Old Sep 15, 2014 | 09:10 AM
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Their adverts were enough to put me off buying anything from them
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Old Sep 15, 2014 | 09:19 AM
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Thought cpw had merged with something else
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Old Sep 15, 2014 | 09:41 AM
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I suspect a complacent management - who just did not (or more likely could not be bothered to) spot that the competitive and business model had totally changed

once the networks (EE Voda) pulled the plug they simply had no business

they had a business model solely based on a signature on two paper contracts

Last edited by hodgy0_2; Sep 15, 2014 at 09:43 AM.
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Old Sep 15, 2014 | 09:48 AM
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A lot of these chains have got into trouble through dodgy property acquisition. And by borrowing too much.

So many businesses that have become very successful only to trip up over basic economics.
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Old Sep 15, 2014 | 02:43 PM
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Originally Posted by dpb
Thought cpw had merged with something else
my mistake as I thought I heard on the radio today that CPW was going under as well.
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Old Sep 15, 2014 | 03:02 PM
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Same here


Originally Posted by stevebt
Looks like Carphonewarehouse is going under as well. It always made me wonder how these nationwide stores could survive selling phones when 99% of the time its cheaper going for the phone dire t from the service provider.
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Old Sep 15, 2014 | 04:10 PM
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Damn, I was hoping to pitch up a tent outside Phones4U near me for the iPhone 6 and sell my spot in the queue.
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Old Sep 15, 2014 | 04:21 PM
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Originally Posted by hodgy0_2
I suspect a complacent management - who just did not (or more likely could not be bothered to) spot that the competitive and business model had totally changed

once the networks (EE Voda) pulled the plug they simply had no business

they had a business model solely based on a signature on two paper contracts
well said, must be the direction the providers are taking now. Expect other phone chains to also fold.
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Old Sep 20, 2014 | 11:41 PM
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Looks like Vodaphone are buying them out, so i've heard
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