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Beginning of article

Byline: SEAN POULTER

MOBILE phone companies are guilty of massive profiteering on the cost of calls made abroad, it has been revealed.

Britons using their handsets overseas are being charged some five times the actual costs incurred by their networks.

Holidaymakers and businessmen can be charged [pounds sterling]1.50 a minute - sometimes more - to both make and receive calls when abroad.

However, industry insiders have revealed the true wholesale cost is around 30p a minute. The massive mark-ups deliver huge profits to the major networks, Vodafone, Orange, T-mobile and O2.

But the charges come as a huge shock to consumers receiving the …