Rich Person Phone Brand Goes Kerplunk. Vertu, the company that sells 5. Nissan Outboard Service Manual. Hot Wheels Stunt Track Driver Game on this page. UK manufacturing operations. Tabtight professional, free when you need it, VPN service. But everyone saw it coming. Which Of The Following Explanations Best Describes The Program on this page. The liquidation will result in the loss of some 2. The. Telegraph. Employees had already expressed fear of losing their jobs, since the company was reportedly skipping out on paying its bills and employee wages. Recent troubles at Vertu began with the takeover of Turkish exile and businessman Hakan Uzan, who promised to rescue the company from bankruptcy. Yet, he managed to add on more debt by not paying the companys previous owner and suppliers such as Microsoft and Qualcomm. Uzan accrued a debt of 1. Our best efforts to achieve a pre pack administration have failed because the financial requirements specified within the negotiations went beyond the point where the new company had a chance of financial viability, A Vertu spokesperson told The. Telegraph. The company might not be entirely dead, though. A person familiar with Uzans plans told The Financial Times that he intends to resurrect the company sometime in the near future. Vertu, the company that sells 50,000 smartphones, is shutting down its UK manufacturing operations. But everyone saw it coming. OnePlus told Gizmodo that theyre working with customers individually to solve the issue, but it did not provide any details on the bug. We have contacted the. Latest trending topics being covered on ZDNet including Reviews, Tech Industry, Security, Hardware, Apple, and Windows. Weve reached out to Vertu for comment, and well update if we hear back. The Telegraph and The Financial Times.