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New money for old phones

Smartphone users with old handsets lying around can now hand these into A1 stores in Austria and potentially receive money back.

The phone company has said that it is willing to pay up to 310 EUR for second hand smartphones, depending on the make and condition of the devices.

A1 would assess the value of the phone there and then in the store and then offer a deduction from the purchase price of new smartphones to either new or existing customers. The company hopes the move will pitch it above competitors as well as contribute to their sustainability and environmental programme.

"With the mobile phone swap scheme we send a clear signal for the sustainable use of resources," said A1 boss Hannes Ametsreiter.

The initiative is already used by some other phone shops, including the Carphone Warehouse in the UK. Now launched in A1, the major Austrian telecoms company will be competing with several online businesses that offer people cash in hand in exchange for their old phones.

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