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Freedom 251 – Adcom sold handset to Ringing Bells at 3,600 per unit

After the announcement of giving back the amount collected from customers for the booking of freedom 251 smartphone, another report coming regarding the company Ringing Bells. The Adcom, the company who sold the handset to Ringing Bells says that they sold the handset to them at a price of Rs. 3600 per unit.

(Also see : Freedom 251 – World’s Cheapest Smartphone by India)

Ringing Bells is going to re brand the handset and to sell it as Freedom 251. If the report regarding the Adcom statement is true, it will be a big question that how Ringing bells will sell the phone at Rs. 251, which is Rs. 3349 less than the orginal price. which means Ringing Bells will sell the phone with a loss of Rs. 3349 per unit.

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Vipin

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