Britain losing over £10bn on wasted texts and minutes

Britain losing over £10bn on wasted texts and minutes

The third annual Mobile Money Report from moneysupermarket.com reveals the mobile industry is raking in £10bn every year from people only using two-thirds of their tariff.***

* Brits paying for 24 hours of calls that they never use
* Britain wasting minutes and texts more than ever, says moneysupermarket.com’s third annual report*
* Over 5.5 million adults do not know what tariff they are on**

The third annual Mobile Money Report from moneysupermarket.com reveals the mobile industry is raking in £10bn every year from people only using two-thirds of their tariff.***

The study by the UK’s leading price comparison website shows over 20 million adults are throwing away money on their tariff every month.**** Almost half of those with free minutes (46 per cent) waste 122 minutes every month, equating to over 24 hours a year. Similarly, almost half of those with free texts (48 per cent) waste 94 each month - over 1000 every year.

The situation seems to be getting worse with Brits losing out more than ever. Compared to the 2007 Mobile Money Report, adults are wasting almost a quarter more minutes and texts (see table below).

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