Under its Envirofone brand, Eazyfone buys mobile phones from individuals in Europe and sells them to customers in Europe, Africa and the Far East. It also works with charities and schools to recycle old handsets. In March 2006 Frontiers Capital invested an undisclosed sum in Eazyfone and has subsequently funded further expansion. The Cheshire company was founded by father and son Cos and Peter Petrondas in 2001, and under chief executive Nick Brown overseas sales have grown 172% a year, from £4.3m in 2007 to £31.4m in 2009.
This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.