By John McCarthy

The founder of Phones 4u has launched a scathing attack on the “ruthless” mobile network suppliers which cancelled contracts with the firm, forcing it to close 550 stores on Monday, putting 5,000 jobs at risk.

John Caudwell, who founded the brand in the 1980s, sold the company for £1.5bn in 2006, but has become involved in the debate. revealing his disgust at the way his former employees’ jobs have been put at risk.

The philanthropist claimed that networks Vodafone, EE, 02 and 3 deliberately “co-ordinated an attempt to kill off” Phones 4u to lessen competition in the UK.

Caudwell told Sky News: “This Read full story ›

Source: The Drum