![]() ![]() "EE's decision on Friday is surprising in the context of a contract that has more than a year to run and leaves the Board with no alternative but to seek the Administrator's protection in the interests of all its stakeholders." "Their behaviour appears to have been designed to inflict the maximum damage to their partner of 15 years, giving Phones 4u no time to develop commercial alternatives. In a statement managing partner Stefano Quadrio Curzio at BC Partners, the private equity firm that owns Phones 4u, said Vodafone was acting "in exactly the opposite way to what they had consistently indicated to the management of Phones 4u over more than six months". Back in January EE announced it would be reviewing its relationships with partners including Carphone Warehouse and Phones 4u, with the view to cut back.
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