Five Mobile Phone operators have agreed to save customers from massive bills if their phones are stolen by agreeing to cap these charges at £100, if reported within 24 hours.
This comes after a number of customers have faced charges amounting to thousands of pounds because of their phones being used by thieves.
The operators that have signed up to the measure are EE, O2, Three, Virgin Media and Vodafone.
The government said this deal secured “real benefits”.
Consumer group Which? have said the plan does not go far enough and have called for customers to be charged nothing if their phone is stolen.