Mobile Contract Customers In Default
The global credit crunch is taking its toll on the mobile communications industry, with defaulted wireless contracts on the rise.
Mobile Today's sources indicate that customers skipping on their mobile bills have increased significantly in recent months, with clients requesting that networks to drop rates.
This development has increased as the pattern of redundancies across the country have increased. 9,000 jobs were lost last week, with close to 2 million people in the UK now currently unemployed, a peak in 11 years.
By the end of 2009, unemployment numbers are expected to top three million.