"If mobile network operators decline to supply us, we do not have a business," said Phones 4U boss David Kassler.
"The ultimate result will be less competition, less choice and higher prices for mobile customers in the UK” Phones 4U boss David Kassler.
It is always sad when so many people lose their jobs when a well-known company goes out of business, but I disagree with the second comment above. In the UK we have O2, Vodafone, EE and Three as the 4 major networks plus a myriad of MVNOs such as Tesco Mobile and giffgaff with more appearing all of the time. Add to this the presence of Carphone Warehouse (or Dixons Carphone as it will be) and we have a bounty of riches in the UK mobile market.
In my home town there are 6 mobile phone shops within 100 yards of each other and that will soon become 5. Just how many do we need? Also, why would the mobile networks want to sell through a third party when it likely does not offer a financial incentive to do so, which is presumably behind the decision to move away from Phones 4U anyway.
This leave Dixons Carphone in a potentially tough spot as well despite a likely boost in the short term, but as sad as it is the UK mobile market remains extremely competitive in comparison to many other countries.