Author: Jose Ruizalba

Phones 4U, a British retailer, sought bankruptcy protection after EE and Vodafone, two of Britain's big network operators, pulled their business from its stores. Retail chains selling multiple varieties of phones and network packages blossomed along high streets in the 1990s, but with margins squeezed and competition more fierce than ever, network operators have an incentive to cut out the middlemen and sell through their own outlets. (From The Economist)