| | City AM reports that EE has acquired Phones 4U's mobile business for under £5m, according to the Financial Times.
EE beat off competition from Argos and Talk Talk, and the deal is now just subject to approval from administrators.
Citing a person close to the talks, the FT says a deal has been agreed for Life Mobile, the mobile arm of Phones 4U, which has around 85,000 subscribers. |