The national billmonitor mobile report based on the analysis of 28,417 anonymised mobile phone bills and their usage, compared against 8,530,118 mobile phone contracts available in the UK on March 2011:

• 76% of UK mobile subscribers waste £4.899 billion on the wrong mobile contracts
• Just 5% of UK post-pay customers are responsible half the total spend on average
• The data of customers of all the main networks, except 3.

People over-estimating how many minutes they would spend on the phone was the main reason for the overpayment, wasting nearly £5bn a year, with most using just a quarter of their monthly allowance.

As well as those customers opting for excessively large talk plans, the researchers found that many others were signing up to deals that were too small and then being hit with punitive charges for going over the limits.

Billmonitor was created and is run by a group of Oxford University mathematicians & Dr Stelios Koundouros, one of the company’s founders, believes the reason behind that choice was psychological – by selecting a lower plan, users were able to convince themselves that they could run their phone more cheaply, even if their final bill did not reflect that.

Taken together, Billmonitor calculated that these two groups – those who underestimated their usage and those who overestimated it – were wasting £4.9bn per year, which works out at £194.71 each for such customers.

Click if you want to download the whole report for yourself

The team has developed models for analysing complicated systems where a large number of variables need to be considered & has calculated that, in the UK, there are a total of 8,134,979 different contract permutations on offer to mobile phone customers.

Billmonitor’s comparison system, which is the only one to be approved by telecoms watchdog Ofcom, compares users’ real-life bills to the available deals. If you think you could be one one of the 76% of people on the wrong contract, analyse your mobile bills with billmonitor and find out!!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

As of Monday 21st February we no longer make revisions for light wear and tear or cosmetic damage and still offer up to 75% even if your items are visibly damaged. Have a look at our new grading table for more information.

Some top tips to make sure you get the price quoted:

• Check your items all switch on / off and the functions work – Read our terms and conditions before you send in, we tell you exactly how your phone may be affected by damage like cracked screens and water damage so you can send with peace of mind.

• Package your order well and send securely – whilst you can request a freepost envelope, if your phone is valuable we recommend you use special delivery.

• Send it in straight away – we hold prices for seven days to give you time to return your items before any price changes.

Since February we have changed to offer Money4urMobile.com customers:

• Satisfaction Guarantee – if you’re not happy with our grading we will return for free.

• Faster payment – cash is sent next day.

• Give all our customers a £10 voucher to spend at WickedGadget.com.

• No log in needed – you can quickly recycle without the hassle of registering for an account.

If you have any feedback or questions please get in touch.  Money4urMobile.com are always looking for new ideas and really want to make their customer experience as easy as possible.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

New handsets that can now be recycled with Phone Recycle Bank

Apple iPhone 4 16GB Black

Apple iPhone 4 32GB Black

Sony Ericsson AINO U10i

Nokia 1208

Nokia 1209

HTC Tattoo

Nokia 2700 classic

Nokia 2720 fold

Nokia 7610 Supernova

Nokia X6 16Gb

Nokia X6 32Gb

Nokia N8

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

BACS payments are becoming more popular as a result of the increased security and speed with which customers can receive payments.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

This is in addition to their existing cheque payment facilities.

Also, as a matter of information, Fonebank do require customers to supply both the batteries and back covers along with their handsets.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Backed by a major UK recycling company, our principal aims are to help people unlock the financial value from their old gadgets and reduce the amount of WEEE laying around in drawers and attics across the UK!!!

As reflected in our name, weeebuy.co.uk will offer to buy any products classified under the WEEE Directive. Typically, we specialise in six main products including mobile phones, laptops, digital cameras, mp3 players, satellite navigation systems and games consoles. We will however offer to buyback other similar products where possible. Just fill in our ‘can’t find my WEEE’ form and we will respond within 48 hours.

Why chose weeebuy.co.uk?

1. Weee can offer the best prices on the web for old electronics and gadgets
2. Weee provide the largest online catalogue of products to buy for cash
3. Weee offer a straightforward FREE collection service
4. Weee provide a FREE data wipe on all products
5. Weee give you an extra £5 when you sell 5 or more products!

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Customers are reminded that they can still use the FREE post address. It is recommended that all customers use registered postage to ensure the safe delivery of their handset.

There have also been a series of site improvements including:
• Amendments to the FAQ’s and Contact Us pages.
• A double entry field for IMEI’s helping to reduce the number of incorrect IMEI’s being entered
• A clearer selection process for working and non working phones.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

They can swap their phone for a grade A handset & the handset comes unlocked with 90 day warranty.

The process is very simple, select your old phones, choose the SWAP phone and pay any difference via PayPal. You will receive your new handset within 2 days, providing your swapped handset is tested.

This unique scheme will give customers a new incentive to recycle their mobile phones, not only when they have upgraded, but whenever they feel like! There is no limit and the customer can SWAP their phone however many times they wish. This basically means, they can get a different phone every week!

Sell it or SWAP it with Money For Your Phone.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Because of this great want and need for cell phones, manufacturers flood the market from cheap mobile phones to high-tech mobile phones. Figuring out what you need and the way you want it could make it easier to find a mobile phone with reasonable and helpful features. In case you are to buy an inexpensive cell phone, it is best to never anticipate it to perform tasks a high tech mobile phone can give. Merely having the ability to send out and receive calls could also be enough for you to expect from your low-cost cell phone.

Because you can’t afford the excessive definition efficiency of high tech mobile phone, having cheap expectations could assist you to keep away from throwing your cell phone out of your window. High tech mobiles including ones you obtain with the best HTC Wildfire black deals could be difficult to employ. Mobile phones especially low cost mobile phones might only provide you with basic communication capabilities. Having to send and obtain phone calls which is the essential perform of a mobile phone stands out as the only features it can offer. In case you can find a low cost cell phone that has text messaging capacity, it will likely be better for you.

Low cost cellphones however, in the event you can afford cell phone plan that presents free mobile phones, you may choose a mobile phone plan that will provide free cell phone with cheap and advanced features. Not the excessive-tech mobile phone but positively not very limited options like what you will see that in low-cost cellular phones.

Numerous network corporations provide this glorious promotion and thus chances are you’ll take advantage of proudly owning a very good quality cell phone. If yow will discover a neat deal from a cell phone plan, chances are you’ll not must content material yourself with low-cost mobile phones.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Yes, the mobile gadget market is rebounding and many if not all organizations expect great points in 2010. But to obtain earnings they will require items and it appears as though Motorola Cellular phones has no shortage of individuals. We the consumers might believe of 2009 being a “testing the waters” kind of yr for Motorola Mobile phones. Nicely, following a positive reception from the general public, the business hopes to go from “testing the waters” to taking a marketplace share with the smartphone industry. In other words, they really feel they are ready to dominate the industry. But 20 cellular phones in a one year, is this oversaturation, over ambitious, in basic a poor concept.

Likely it’s not. Why you ask? Nicely, think of what twenty cellular phones can achieve in a solitary 12 months. The organization can focus a handful of phones for the company demographic, one more couple on multimedia aspects for the young audience, a few camera mobile phones, some cross over devices; fundamentally, a little bit of every thing. But they will also be able to explore new tips, particular niches, get a grasp on various technologies, test the waters with innovative ideas although nevertheless turning a profit with previously proven products. With twenty mobile phones inside a single yr they can permit a flop or two, but imagine if some with the more experimental tips don’t flop, instead they’re great achievement stories? Nicely, then they’ve done probably as well as they can anticipate. And I assume this could be the logic behind the launch of so numerous devices. So assume that a broad array of phone inside of that 20, not just 20 nearly identical devices.

It’s now safe to say that the market for cell phones is essentially just a smartphone industry. You can find really couple of simple handsets left and that’s why there is this kind of a scramble to make a name for a company within the changing marketplace. It’s now or by no means. This could well be the 12 months that decides which cellular phone makers will be a force within the coming years and what businesses will focus on other projects completely. Certainly it feels as though Motorola will stake its state amongst the big boys from the industry.

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.