Vodafone is Buying 140 Phones 4U Stores, Saving 900 Jobs

By Tom Pritchard on at

Earlier this week we heard that Phones 4U had gone into administration, leaving the jobs of 5,596 staff members at risk. Fortunately, in addition to the 800 jobs that will become available at Dixons Carphone, Vodafone has announced that it will being buying 140 former Phones 4U stores and saving 900 jobs in the process.

The offer to buy the stores was accepted by the administrators who have taken charge of the failing high-street-chain, and is pending court approval. Vodafone has, however, said that it would begin rebranding Phones 4U stores "as soon as possible".

It was recently revealed that Vodafone had planned a takeover of Phones 4U with EE back in June. The timing of this certainly sounds a little fishy, but it's probably welcome news to former Phones 4U staff members. [CNET]