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20:20 Mobile To Shake Up Cash For Old Mobiles Market With Launch of Phonerecyclebank.com
Published 20th November 2009
Europe’s leading mobile distribution specialist brings in industry expertise to maximise cash for consumers
19 November, 2009 – North-West based 20:20 Mobile, Europe’s leading distributor of mobile phones has announced the launch of a new consumer mobile phone recycling brand - phonerecyclebank.com. The new site, which has been developed in-house by 20:20, will provide higher payments for old mobiles by utilising industry partnerships and channels to maximise resale values.
James Browning, UK Managing Director of 20:20 Mobile said; “The cash for old mobiles market has been going for a number of years and consumers now know that they can receive a payment for old handsets. The problem is that many of the companies are not experts in the mobile market and consumers are therefore disappointed with the values they are actually offered. “
He continued; “By entering the market we are putting the knowledge and expertise of 20:20 behind phonerecyclebank.com. Our unique relationships with manufacturers and our worldwide channels to market mean that consumers will get the best deal with more cash in their pockets.”
Phonerecyclebank.com will be promoted through on and offline channels as well as through partnerships with leading consumer and business to business organisations.
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About 20:20 Mobile
The Group was created in September 2006 following the sale by the Caudwell Group of its distribution and logistics businesses to Doughty Hanson, one of the foremost private equity firms in Europe. 20:20 Mobile Group is now Europe's leading mobile handset distributor and in the top three, globally. We are also the world's largest distributor of mobile phone accessories.
Headquartered in Crewe in North West England, they employ over 1300 people in over 10 different countries.The company has more than 8,000 active customers and annual sales in excess of £0.8 billion ($1.5 billion).