For the holiday season, Verizon Wireless (NYSE:VZ), is asking all cell phone users to donate no-longer-used phones to the HopeLine program.
According to the HopeLine website, the phones are refurbished and then redistributed with 3,000 minutes of wireless service and given to domestic violence and government organizations to use with domestic violence clients.
HopeLine was created in 1995 and all cell phones are accepted, not only Verizon phones. The program accepts cell phones, batteries and all related accessories. Donations to the HopeLine are not tax deductible.
Verizon has collected more than 7 million phones and distributed about 90,000 of them. The company also has disposed of 1.6 million wireless phones and kept them out of landfills.
Verizon is currently trading 0.58 percent lower at $32.31.
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