You are planning to buy new cell phone and other person is making profit from your old cell phone.
15 years ago Clarionledger began its computer refurbishing company, which involves the empire of 250 employees and sales of $40 million recycled mobile phones.
ReCellular started its restoring comapny from 400 mobile phones and now it is raised up to 300,000 mobile phones. The company has partnership with cell phone companies like Verizon, Cingular and T-Mobile.
The company is providing postage-paid envelopes to their customers after donating their old cell phones.
According to Industry researcher Blumberg & Associates, ReCellular is holding 53% of old mobile market and selling them to distributors in the US and developing countries.
Via: about electronics
