Freedom to Talk
With its 1450 mAh battery, Freedom 251 gives you more time to talk, text, Play and watch videos without needing to worry about running out of power.
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"#FREEDOM 251 mobile set @ 251 #TRAI Chairman & Telecom Ministry assured me appropriate step Buyer must check twice," said in another tweet.
No comments were received from the telecom ministry on query related to Somaiya's tweet.
Noida-based company Ringing Bells on Thursday started booking for the phone for Rs 251 and has said that delivery of all handsets will be completed by June 30.
Ringing Bells' president Ashok Chaddha said manufacturing cost of the phone is about Rs 2,500, which will be recovered through a series of measures like economies of scale, innovative marketing, reduction in duties and creating an e-commerce marketplace.
"By going for Made in India components, we can save on the 13.8 per cent duty. Also, we will be selling online first and thus save the costs incurred on large distribution network," he said.
Chaddha also rejected speculations of the handset being subsidised by the government.
"The phone will be manufactured in Noida and Uttaranchal. Two plants will be set up for Rs 250 crore each with a capacity of 5 lakh phones. The money will come in the form of debt and equity (1.5:1)," he said.
Chaddha added the equity is being met by the promoter family of the company that is "engaged in agri-commodities business" in Uttar Pradesh but declined to give further information.
Somaiya as well as industry has not found the proposition convincing.
"From the response I read of Shri Ashok Chadha of Ringing Bells that how much cost will be saved due to import/local assembling/ online marketing... far from convincing," Somaiya said in a letter attached to his tweet.
-------------------------------------------------------------------------------------------------
"#FREEDOM 251 mobile set @ 251 #TRAI Chairman & Telecom Ministry assured me appropriate step Buyer must check twice," said in another tweet.
No comments were received from the telecom ministry on query related to Somaiya's tweet.
Noida-based company Ringing Bells on Thursday started booking for the phone for Rs 251 and has said that delivery of all handsets will be completed by June 30.
Ringing Bells' president Ashok Chaddha said manufacturing cost of the phone is about Rs 2,500, which will be recovered through a series of measures like economies of scale, innovative marketing, reduction in duties and creating an e-commerce marketplace.
"By going for Made in India components, we can save on the 13.8 per cent duty. Also, we will be selling online first and thus save the costs incurred on large distribution network," he said.
Chaddha also rejected speculations of the handset being subsidised by the government.
"The phone will be manufactured in Noida and Uttaranchal. Two plants will be set up for Rs 250 crore each with a capacity of 5 lakh phones. The money will come in the form of debt and equity (1.5:1)," he said.
Chaddha added the equity is being met by the promoter family of the company that is "engaged in agri-commodities business" in Uttar Pradesh but declined to give further information.
Somaiya as well as industry has not found the proposition convincing.
"From the response I read of Shri Ashok Chadha of Ringing Bells that how much cost will be saved due to import/local assembling/ online marketing... far from convincing," Somaiya said in a letter attached to his tweet.
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