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Motus Cost of Idle Assets Report

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MOBILE PHONES Idle assets are not always obvious. One example of this is mobile phones. Phone costs can vary widely. Factors like carrier, devices in the plan and usage all impact costs. Typical prices for company-provided phones range from as low as $29 to more than $85 per line every month. When people choose to use their personal phone for work purposes, company phones can end up si ng in a drawer. Many companies have anywhere from 10% - 15% of company-owned devices going unused. Average monthly cost for a company mobile phone line is $59.09 Unused lines cost companies between $7,800 - $10,600 per 100 devices every year Phones lose 23% - 50% of their value in the first year 1 2

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