An "significant" number of staff at European Telecom are to lose their jobs because of the slowdown in the mobile phone sector.
The Slough-based mobile phone distributor warned on Thursday that it expected to record a loss for the last financial year. The current difficult conditions in the mobile sector were blamed by European Telecom for the decision to lay off an undisclosed number of its 600 staff. European Telecom has also suffered recent disruption as it upgraded parts of its system.
European Telecom's announcement came a day after mobile network operator Vodafone warned that official statistics for the number of mobile phone users have been overstated by as much as ten percent.
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