Ghost Recon Phantoms will shut down servers on December 1, 2016; The game was originally launched as a beta in 2012, and saw a full release in 2014. The Mighty Quest for Epic Loot will shut down on October 25, 2016; the game was originally launched in 2015.
Ubisoft gave a similar reason as to why the games are shutting down, saying on the Ghost Recon Phantoms FAQ that:
Unfortunately, [Ghost Recon Phantoms] was not as successful as we had hoped for, so we had to make the decision to close the game. This decision wasn’t easy for us and we tried to find other ways. But in the end we decided to close the game and focus on other projects.
Both games’ in-game stores will remain open, but players will not be able to purchase any more in-game currency. Ubisoft encourages players to spend whatever remaining amounts of in-game currency they have. Ubisoft will not be issuing any refunds to players.
Along with the closure of the games, the games’ websites and forums will also be shutting down on the respective dates.
Although it’s sad to see a game’s servers shut down – especially a game you put money into – the reasoning makes sense. It’s also nice to see that the developers won’t be getting laid off, as they will continue to work on different projects in Ubisoft. It sucks, but maybe it’s for the better.