UK smartphone maker Wileyfox goes into administration

Thursday 8 February 2018 | 08:58 CET | News
British smartphone maker Wileyfox has gone into administration, after running out of cash. CEO Michael Coombes said in a statement to Cnet that the company will use the administration period to restructure the group, reduce its cost base in Europe and "to ensure its long-term future across all the markets it operates in".

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Categories: Mobile & Wireless
Companies: Wileyfox
Countries: United Kingdom / World
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