What do these people who advertise for old mobiles (and pay you for them) do with them?
Just been offered £8 for one that doesn't work & £37 for an old model.
How are they earning out of it?
OT; Mazuma Mobile
Oct 01, 2009
4 Replies
They resell them abroad.
In lots of developing countries its quicker and easier to build out mobile infrastructure and miss out the land line stage altogether. So there is a decent market of cheap handsets.
Worth noting that the ones who advertise most don't necessarily pay the best rates....I shopped around a bit, and the difference was a tenner (not bad for a couple of minutes work!)
In case anyone is interested, I used fonebank.
Twas painless, I was a little concerned that it was a rip off after glossing over the T&C's as my phone was a little battered but they send the quoted amount promptly.
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