Articles Tagged:

bankruptcy

3 articles
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UK Retailer Phones 4u Closes Its Doors After The Last Carrier Backs Out, Total Shutdown Seems Likely

You won't find a Phones 4u store anywhere on Main Street USA, but our United Kingdom readers are probably quite familiar with the mobile-focused retailer. Alas, they might not be seeing them for long. The BBC reports that the company is in administration (similar to bankruptcy) after UK carrier EE decided not to renew its contract with Phones 4u stores on Friday. EE was the last carrier to remain as a partner following Vodafone's exit earlier this month.

Phones-4u-Black

Image source: Dialaphone

That decision means that 550 Phones 4u shops across the United Kingdom will not be open today, since they have no authority to sell phones or plans on behalf of any carrier.

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Wirefly Is Back Under New Ownership With A Slightly Different Focus

Perhaps you recall the abrupt closure of online phone dealer Wirefly a few months ago. Its parent company Simplexity LLC filed for bankruptcy, and is currently being chopped up and sold as part of debt reorganization. The Wirefly name and website have emerged from this under new ownership with a focus on comparing devices and plans to help you find the best deal.

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WSJ: Sprint's Spectrum Holdings May Be Too Sparse To Keep Up In The LTE Arms Race

Just last week, Sprint finally lit up its LTE network. Not before selling a number of LTE-equipped phones, however. If you were worried about Sprint's ability to keep up with the big dogs in the race to expand LTE coverage, the WSJ has some comforting words for you. Wait, did I say "comforting"? I'm sorry, I meant worrying. Very, very worrying.

The long and short of it is, Sprint simply doesn't seem to have enough spectrum to keep up. The initial LTE rollout covered 15 markets, compared to Verizon's 330 and AT&T's 47. Despite the rather distant third-place position, Sprint hopes to have coverage in all areas by the end of 2013.

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