Australias largest independent phone retailer, Allphones, has reportedly gone into administration. Picture: News Limited
AUSTRALIAS largest independent phone retailer, Allphones, has gone into administration, affecting hundreds of staff from more than 80 stores across the country.
The ABC reported the write-off came a year after Optus, which also owns the Virgin Mobile brand in Australia, withdrew Optus and Virgin products from Allphones stores.
Its understood staff were briefed on the news this morning.
In a statement to News Corp, PPB Advisory confirmed it had been appointed voluntary administrator of Allphones.
Despite financial support from the shareholder and significant efforts to deliver a successful turnaround, the shareholders are u…
Read the full article at: http://www.news.com.au/technology/gadgets/mobile-phones/independent-aussie-phone-retailer-allphones-is-in-administration-reports/news-story/3f3d2c9bbaca318ac4317a049b11438b
