December 17, 2012

Spaniards ditch mobile phones in record numbers

Spain, where there are more mobile phones than people, has been hit by a slump that has left one-in-four unemployed and led to a falling number of active phones. Some 486,000 phones were cut off in October, telecoms regulator CMT said on Monday. Reuters reports.

quotemarksright.jpgMovistar lost 284,000 lines in October, while Vodafone, the second-biggest player, shed 278,000 customers, CMT said.

The figures showed a 3.8 percent year-on-year drop in mobile phone numbers as the country battles sky-high unemployment and its second recession in three years.quotesmarksleft.jpg

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