billmonitor.com, which offers an Ofcom-accredited mobile phone bill analysis and price comparison service, has calculated that UK consumers waste £6 billion per year by being on mobile phone tariffs that are either too small or too excessive for their needs. The figure has increased by £1.1 billion since the company’s last survey in 2011.
74% of mobile consumers are thought to be on the ‘wrong’ contract, just two percentage points down from last year’s report.