The Phones 4u store in St Albans will not close, administrator PwC announced this afternoon.
The news comes after the transfer of 140 stores to Vodafone, 58 stores to EE and 160 concessions to Dixons Carphone, transferring more than 2,000 staff.
The phone retailer at 37 Market Place will be one of the stores staying open.
Phones 4u went into administration on Monday following EE's decision not to renew its contract, affecting 5,600 workers.
Dixons Carphone said on Wednesday it would take on the 800 staff who worked at 160 Phones 4u sites within Currys/PC World stores.
PwC partner Rob Hunt said: “We have worked rapidly over the course of the week following our appointment to explore interest in the Phones 4u business and we are very pleased to secure a future for a significant number of stores and continued employment for 887 of the Phones 4u people.
“We wish the transferring employees all the best with their new employer and would like to thank all the Phones 4u staff for their support since our appointment as administrators.”
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