Freedom 251 Mobile now Available for Cash on Delivery
Many people are still wondering if the Noida-based Ringing Bells can live upto its promise and actually deliver a Rs 251 smartphone.
Now the company has announced a new cash on delivery option for the Freedom 251 smartphone on its Facebook page.
The company says that the new cash on delivery payment option will be only available for the first 25 lakh people who initially registered the Freedom 251 online.
Also Read - Everything You Need to Know About Sony Xperia Z5
The payments themselves have been a curious matter with Ringing Bells. Ringing Bells stopped taking bookings for Freedom 251 bookings, and claims to have gotten orders worth Rs 1.75 crores via the website freedom251.com.
It also claimed that it won’t actually be taking the payment from the payment gateway facilitator PayUBiz, until it gave proof of delivery.
We’ll have to wait and watch how this saga unfolds further and whether people end up getting their hands on Freedom 251, the world’s cheapest smartphone in the world. Meanwhile the company is already under the scanner of the Excise and Income-Tax Department
Cost of current world's cheapest smartphone, Freedom 251, Rs 251 or approximately $4.
Cost of previous cheapest Android smartphone, Jivi Mobiles JSP 20, Rs 1,999 or approximately $29.
Neither phone has any government subsidies.
A couple of years ago, the cheapest bill of material (BOM) was $30, or about Rs 2,000. A rough estimate would bring us to $15 or Rs 1,200 today.
Assuming one crore people manage to go ahead and buy the Freedom 251 smartphone, the bill would be Rs 1,149 crore for the company.
The Freedom 251 smartphone simply cannot exist at the current price point.
It will incur huge losses on every mobile sale.
Now the company has announced a new cash on delivery option for the Freedom 251 smartphone on its Facebook page.
The company says that the new cash on delivery payment option will be only available for the first 25 lakh people who initially registered the Freedom 251 online.
Also Read - Everything You Need to Know About Sony Xperia Z5
The payments themselves have been a curious matter with Ringing Bells. Ringing Bells stopped taking bookings for Freedom 251 bookings, and claims to have gotten orders worth Rs 1.75 crores via the website freedom251.com.
It also claimed that it won’t actually be taking the payment from the payment gateway facilitator PayUBiz, until it gave proof of delivery.
We’ll have to wait and watch how this saga unfolds further and whether people end up getting their hands on Freedom 251, the world’s cheapest smartphone in the world. Meanwhile the company is already under the scanner of the Excise and Income-Tax Department
Cost of current world's cheapest smartphone, Freedom 251, Rs 251 or approximately $4.
Cost of previous cheapest Android smartphone, Jivi Mobiles JSP 20, Rs 1,999 or approximately $29.
Neither phone has any government subsidies.
A couple of years ago, the cheapest bill of material (BOM) was $30, or about Rs 2,000. A rough estimate would bring us to $15 or Rs 1,200 today.
Assuming one crore people manage to go ahead and buy the Freedom 251 smartphone, the bill would be Rs 1,149 crore for the company.
The Freedom 251 smartphone simply cannot exist at the current price point.
It will incur huge losses on every mobile sale.
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