Companies are overspending on phone lines, according to Magnet Networks

Companies in the north west are needlessly spending over €1.5m annually on phone lines.

That’s according to research conducted by Magnet Networks.

They say that most businesses pay an average of €20.96 per month, equating to just over €3m annually.

Magnet Networks claim that by using online cloud storage, savings could be half that.

Speaking to OceanFM News, Lousie McKeon, marketing director with Magnet Networks, explains the process.