Currently most of (brak przedimka) teenagers in the world have got (tutaj musisz napisac 'ich') own mobile phones. 'It' (nie wiem do czego to 'it' sie odnosi. Lepiej napisac 'This') 'makes' (nie za bardzo trafne slowo, lepiej 'results/means') that people are looking for advantages and disadvantages of this.
Mobile phones make possible 'connecting' (nie za bardzo trafne, cos tu nie tak z tym jest. ...make it possible to connect) with other people.
On the other hand there are drawbacks of using 'the' (ja bym tego przedimka nie pisala) mobile phones. Often teenagers are addicted 'from' (nie, to jest zle slowo, tutaj TO the) phones, so they waste a lot of time on this.
As a result teenagers spend lots of time at home instead outside. (to wyglada tak, jakby tylko uzywali te mobile w domu a nie na ulicy, w tramwaju - gdziekolwiek zeby tylko innym dac znac, ze maja to cudo)
All things considered there are advantages and disadvantages when it comes to using theIR own mobile phones by teenagers.
Powinno byc troszeczke na wyzszym szczeblu. Staraj sie uzywac wiecej 'academickie' slowa.