Freedom 251: Ringing Bells bought Adcom handsets for Rs 3,600 each

              Adcom said that it sold mobile handsets to Ringing Bells for Rs 3,600 a unit and was unaware of its plans to resell the device at Rs 251.. IT products firm Adcom said that it sold mobile handsets to Ringing Bells for Rs 3,600 a unit and was unaware of its plans to resell the device at Rs 251.

In another twist, IT products firm Adcom today said that it sold mobile handsets to Ringing Bells for Rs 3,600 a unit and was unaware of its plans to resell the device at Rs 251.

Adcom also warned of legal action against Noida-based Ringing Bells in case the latter’s activities adversely impact its brand name or cause any other kind of losses.

Ringing Bells had unveiled what is being touted as the world’s cheapest smartphone. The devices, which were showcased resembled that of Adcom’s Ikon 4, which is already available in the Indian market at Rs 3,999.

Read: Ringing Bells Freedom 251 booking stopped, red flags raised over Rs 251 price 

“Yes, it is true that although we sold the handsets to Ringing Bells earlier, like we sell Adcom mobiles to lakhs of users, we were absolutely unaware of the reselling plans of the company in question. Furthermore, we still haven’t been able to evaluate their pricing policy, as we sold the handsets at Rs 3,600 per unit,” Advantage Computers (Adcom) Founder and Chairman Sanjeev Bhatia said.

He further added, “We are deeply grieved by this incident where our mobile phone has been presented to masses for Rs 251, and therefore, would not hesitate from taking any legal actions against the company, in case the entire fiasco impacts Adcom’s brand name or subsequently we face any other kind of losses.” Telecom Minister Ravi Shankar Prasad had already said the government was monitoring Ringing Bells and would take action if it fails to deliver the Rs 251 handset.

Also Read: Ringing Bells suspends Freedom 251 sales; users can’t buy the phone anymore 

Read MoreFreedom 251: Adcom to sue Ringing Bells; says it was unaware of company's reselling plansFreedom 251: Ringing Bells bought Adcom handsets for Rs 3,600 eachKerala's mPhone saga: Here are the iPhone killers we all missedKerala's mPhone smartphone brand promoters arrested on day of launchFreedom 251: Ringing Bells starts refunding money due to 'negative speculation'

Bhatia said he would like to assert that Adcom is in no way connected or linked to Ringing Bells or Freedom 251 and bears no responsibility whatsoever, in the whole swindle and regret the inconvenience caused to its customers from all over the country.

A new entrant in the flourishing Indian mobile handset market, Ringing Bells had unveiled what is being touted as the world’s cheapest smartphone. However, concerns have been raised by the industry on feasibility of a 3G smartphone at such a low price.

Must Read: Ringing Bells now accepting cash on delivery for Freedom 251

Ringing Bells has said the 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.

The I-T Department is also looking into the financial structure of the company and has obtained documents, including those from the Registrar of Companies (RoC), in this regard.

Photos: Ringing Bells Freedom 251: Booking, delivery dates and more

A series of complaints were made to the Telecom Ministry against the company. Apart from BJP MP Kirit Somaiya, the Indian Cellular Association (representative of mobile handset manufacturers) had also approached the Ministry asking it to get into depth of the issue.

They said the price of the device with the said specifications could not be below Rs 3,500 even after a subsidised sale. Despite controversies, Ringing Bells managed to received over six crore registrations in two days.

Comments

  • Related News
  • San Bernardino DA claims extremists iPhone could contain a cyber pathogen.

    San Bernardino County District Attorney claims Farook might have used the phone to transmit a "lying-dormant cyber pathogen' into county data systems. A security researcher has claimed that San Bernardino shooter&#...

    Technology 2016-03-05 11:27:07

    Apple wants to sell refurbished iPhones in India.

    Apple plans to sell refurbished iPhones in India soon, seeks permission from the government. Apple plans to sell refurbished iPhones in India soon, seeks permission from the government

    Tech giant Apple has soug...

    Technology 2016-03-05 10:43:45

    Apple unlocking San Bernardino iPhone could set a dangerous precedent: UN.

    An FBI demand that Apple unlock an iPhone risks setting a dangerous precedent, the United Nations rights chief warned.. An FBI demand that Apple unlock an iPhone risks setting a dangerous precedent, the United Nati...

    Technology 2016-03-04 18:18:39

    After WhatsApp, Instagram now blocks Telegram.

    Instagram has disallowed deep-linking profiles to third-party apps including Snapchat and Telegram.. Soon after WhatsApp blocked links to rival messaging app Telegram on Android smartphones, Instagram has also disa...

    Technology 2016-03-04 16:52:56

    Call drops: SC denies interim relief to telecom operators on HC order.

    SC denies interim relief to telecom companies against the Delhi HC order, will hear it again on March 10. SC has refused interim relief to telecom operators on call drop compensation issue

    The Supreme Court tod...

    Technology 2016-03-04 16:41:18

    Jays launches u-JAYS premium headphones at Rs 15,990 in India.

    The u-JAYS will be one of the most premium headphones available in India at sub-Rs 20k segment. u-JAYS are the most premium set of headphones from the Sweden-based company (Source: Headphone Zone)

    Jays, the Swe...

    Technology 2016-03-04 15:10:26

    Apple brings customer support service to Twitter.

    Apple, in order to extend support to its customers has launched a Twitter account by the name of @AppleSupport on Thursday.. Apple, in order to extend support to its customers has launched a Twitter account by the ...

    Technology 2016-03-04 14:28:33

    Hubble telescope spots a galaxy 13.4 billion light-years away from Earth.

    Astronomers discover a galaxy that formed just 400 million years after the Big Bang explosion, the most distant galaxy found to date. Astronomers discover a galaxy that formed just 400 million years after the Big B...

    Technology 2016-03-04 13:44:56

    Gionee Marathon M5 Lite #ExpressReview: You must really need that battery.

    Gionee Marathon M5 Lite will once again focus on delivering overall performance with battery being the USP. Here is our review.. Gionee Marathon M5 Lite is a lighter version of its predecessor that comes with a 4,0...

    Technology 2016-03-04 13:17:03

    Xiaomi eyes offline market pie, steps away from Flipkart.

    Xiaomi goes offline in a bid to scale its own e-commerce operations in India. Xiaomi’s Hugo Barra literally turned himself into demigod of Mi devices at the Redmi Note 3 launch (Source: Nandagopal Rajan)

    ...

    Technology 2016-03-04 12:45:34

    Amazon Echo Dot and Echo Tap launched with Alexa inside.

    Amazon Echo Tap and Echo Dot speakers are designed to amplify the role of its voice-controlled assistant, Alexa. Amazon Echo Dot is a tiny little speaker with Alexa virtual assistant that can be connected to other ...

    Technology 2016-03-04 11:32:44

    Amazon drops encryption feature in Fire tablet software.

    Amazon.com Inc has quietly dropped support for disk encryption on its Fire tablets, says the feature is less used by customers. Amazon drops encryption for its Fire tablets at a time when Apple is fighting over iPh...

    Technology 2016-03-04 10:30:33

    Google, Facebook, Microsoft and other tech companies file court papers backing Apple.

    Leading tech companies joined security experts, independent programmers and civil liberties advocates who filed court papers backing Apple in its fight with the FBI. Tech companies and security experts sign ‘...

    Technology 2016-03-04 10:06:48

    Mi India story is very much alive, says Xiaomi VP Hugo Barra.

    “Questions were being raised about us. Some asked if the Mi India story was over. We want to say that the Mi India story is very much alive. Mi India has not lost its magic,” said Barra.. Xiaomi Redmi N...

    Technology 2016-03-04 02:49:34

    Samsung T3 SSDs introduced for India, start at Rs 10,999 for 250 GB.

    Samsung SSD T3 supports proprietary Vertical NAND (V-NAND) and SSD Turbowrite technology. It comes with a capacity of up to 2TB. Samsung SSD T3 is the latest solid state drive from Korean electronics company that o...

    Technology 2016-03-03 18:50:20

    Xiaomis 2016 flagship, Mi 5 to launch in India within a month, says Hugo Barra.

    Xiaomi Mi 5 India launch could happen as early as next month. Xiaomi Mi 5 is set to launch in India as early as next month, could be the cheapest Snapdragon 820 device

    Xiaomi Global VP Hugo Barra on Thursday...

    Technology 2016-03-03 17:39:37

    Now take selfies using UltraProlink Hi-Q1 bluetooth speakers.

    UltraProlink has launched Hi-Q1 Selfie Bluetooth speaker, that enables users to click selfies while listening to music. . UltraProlink has launched Hi-Q1 Selfie Bluetooth speaker, that enables users to click selfie...

    Technology 2016-03-03 15:14:17

    Indian manufacturers face heat as Apple makes inroads into urban India: IDC.

    Samsung, Micromax and Lenovo-Motorola own the top three slots in the smartphone market comprising the top 30 cities of India, with Apple coming to the sixth slot in this urban list.. The top 30 cities make up appro...

    Technology 2016-03-03 13:31:27

    DishTV products, services now available on Amazon India.

    DishTV has announced that all of its products and services will now be available online on Amazon.in. . DishTV has announced that all of its products and services will now be available online on Amazon.in.

    Dish...

    Technology 2016-03-03 11:36:41

    DJI Phantom 4 with advanced sensing technology, 4K camera announced.

    DJI has launched its first consumer drone - Phantom 4 - that uses advanced computer vision and sensing technology. . DJI has launched its first consumer drone – Phantom 4 – that uses advanced computer v...

    Technology 2016-03-03 10:20:31