HYLA™ Mobile, formerly eRecyclingCorps, announced in October its largest monthly trade-in volume of 1.6 million mobile devices in September. The increased volume of trades correlated with the launch of the iPhone 6 and iPhone 6 Plus, and the trade-ins represented a 75% increase in month-over-month collections from last year.
HYLA Mobile accepted 1.6 million trade-in devices in September, largely due to the release of the new iPhone 6 and iPhone 6 Plus.
“Our record trade-in volume in September demonstrates a crucial shift in the consumer mindset,” said David Edmondson, CEO of HYLA Mobile. “Carriers and consumers are beginning to understand the value and opportunities that their old devices represent not only for themselves, but also for others around the world.”
HYLA Mobile has supported both carriers and OEMs in realizing the benefits of incentivized trade-in programs, and the substantial increase in trade-ins connected with the iPhone 6 launch speaks to the traction that these programs have gained not just in the United States, but also in other established markets.
“One of our goals is to change how the mobile ecosystem thinks about its mobile devices and their value,” Edmondson said. “HYLA Mobile started by challenging the status quo. In doing this through mobile trade-in, we’re giving people around the globe a world of new opportunities that are only available when connectivity is possible.”
The millions of devices traded into HYLA Mobile are redistributed in both developed and emerging markets.
HYLA Mobile’s milestone of 1.6 million device trade-ins in one month shatters the company’s previous record of 1.3 million devices collected in June 2013. HYLA possesses the largest repository of data related to the status of returned devices, which offers unique insights. HYLA’s state-of-the-art technologies and advanced processes enable its customers to offer promotions dynamically and manage them in a real-time environment.
The millions of devices that have been collected through HYLA Mobile’s carrier and retail in-store programs are redistributed in both developed and emerging markets. These devices are crucial in bridging the digital divide as they offer consumers access to high-quality devices for a lower cost, providing digital connectivity and creating opportunities around the world.
HYLA would like to take this opportunity to thank all of its carrier and dealer partners for such a successful September. Happy trading!