9/19/2014 4:00:00 PM
Vodafone to buy 140 Phones 4u stores
Vodafone UK has confirmed that to make an offer to buy 140 of its stores 'as a way to accelerate our retail expansion programme and save hundreds of jobs.'
The firm said in a statement that its: 'offer was accepted by the administrator and we are pleased to report that approximately 900 former Phones4U employees will keep their jobs and join our dynamic retail business. Subject to court approval, we will start engaging with these employees and begin the rebranding of the stores to Vodafone as soon as possible.'
More to follow