'Up to' 70% of UK smartphone users have never looked at the terms & conditions of their apps

"Companies including Facebook and Apple are gaining access to swathes of private data from individuals who agree to the terms and conditions when they download an app.
But according to a poll, up to 70 per cent of smart phone users never read such terms and conditions, leaving personal information, including text messages, their location and contacts, unwittingly exposed.
An investigation by the Sunday Times found that the data accessed via apps is often transmitted to “third party” companies, including advertisers."

Source:  Daily Telegraph, 26th February 2012

(The Sunday Times is behind a paywall, so I can't link to the original)