Phones 4 U into administration
#1
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Phones 4 U into administration
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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
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; 15 September 2014 at 09:43 AM.
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#8
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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.
So many businesses that have become very successful only to trip up over basic economics.
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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
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
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