Vodafone and EE agree deals to purchase Phones4U stores

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Vodafone and EE have both secured deals with administrators from PricewaterhouseCoopers (PwC) to purchase some of the UK retail outlets that were forced to shut their doors following the demise of Phones4U last week.

Phones4U had 550 stores throughout the country when it went into administration, and 140 will be taken on by Vodafone under an agreement reached with PwC announced on 19th September.

Today (22nd September), administrators announced that EE has agreed to buy 58 stores. Both networks will be rebranding and reopening the stores as a result of their respective agreements.

While the combined number of jobs by the two deals totals nearly 1,250, administrators have made 628 people redundant at Phones4U's headquarters as part of a restructuring exercise.

MORE: Dixons Carphone steps in to safeguard 800 Phones4U jobs

Pete Hayman

Pete was content editor on What Hi-Fi?, overseeing production and publication of digital content. In creating and curating feature articles for web and print consumption, he provided digital and editorial expertise and support to help reposition What Hi-Fi? as a ‘digital-first’ title; reflecting the contemporary media trends. He is now a senior content strategist.