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Phones 4U founder attacks networks

2014-09-16 12:43:29| BBC News | Business | UK Edition

Phones 4U founder John Caudwell blames the demise of his former company on the 'ruthless' actions of the mobile phone networks.

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$105 Android One Phones Launch in India

2014-09-15 22:37:51| PC Magazine Cell Phones Product Guide

The Android One program will also reach Indonesia, the Philippines, and South Asia by the end of the year.

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Google launches first family of Android One phones in India

2014-09-15 12:58:00| Telecompaper Headlines

(Telecompaper) Google has introduced the first family of Android One phones in India. The devices mainly target emerging markets. In partnership with phone and silicon chip makers, Google will share reference designs and select components, to allow partners to build affordable phones. The Android One phones feature front- and rear-facing cameras, expandable storage, dual SIM cards, a replaceable battery and built-in FM radio.

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Phones 4u calls in administrators after losing EE contract

2014-09-15 08:41:00| Telecompaper Headlines

(Telecompaper) UK retail chain Phones 4u has gone into public administration and did not open its doors on 15 September. The move follows Vodafone deciding to stop selling through Phones 4u two weeks ago. The Guardian reports that mobile network EE is undestood to have decided to also pull out on 12 September, after talks that week. Phones 4u is owned by BC Partners, which said it would name PwC as administrators for its 720 locations, including 550 stores. Phones 4u has GBP 635 million of debt. BC bought it for GBP 610 million in 2011. Phones 4u said it would continue to pay its 5,600 staff until further notice. Vodafone's Phones 4u contract, which accounts for 20 percent of sales and profit, runs until February next year. EE told the Guardian that the contract would not run beyond September 2015, in line with its strategic focus on indirect channel growth. Phones 4u it still had significant cash in the bank, and was still profitable, with turnover of over GBP 1 billion and GBP 105 million of underlying earnings last year.

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