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phones4u the UK second Tayler of mobile phones and one of the great proneural success stories of the last 20 years has collapsed into administration with me today to discuss that is Daniel Thomas whos the telecoms correspondent of the FT dan where did it all go wrong well there is an irony on one the busiest trading days for all phone shops in the country when there are lines of people queuing up the latest iPhone 6 there are closed signs on all the phones for you stores around the around around the UK 600 shops at the moment property 600 shops are closed because last night BC Partners which owns phones 4u decided that it could no longer keep that business going well on Friday e decided that it could no longer be a supplier off phones for you this reflects a broader trend within them in their mobile operators to withdraw their business from third-party retailers they pay a fee you see to these companies to sell their phones despite the fact that they have their own large portfolios o