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Wileyfox enters administration to repay its debt

UK-based Wileyfox enters administration to restructure its debt, and this information is now being revealed by the community manager of Wileyfox on Reddit. For those who are unaware, the administration is a process in the UK where the company gives full control of itself to a person,  in order to pay off debts to creditors.  Wileyfox entered the smartphone market with Android smartphones with the launch of Storm and Swift phones and then later in mid-2016 it announced the low-end Spark. The...
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