About O2 Recycle Want a great deal & to know you have helped the environment at the same time? Not possible I hear you say! Well with O2 Recycle you can do just that! You can simply and easily recycle your old mobile phone – all networks accepted, and the best part is O2 do not take a penny! Any profit made is donated to their Think Big programme which helps to turn around the lives of young people. So go on – get that old mobile out of the draw and make a change today as well as bit of pocket money!