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The Freedom 251 is a smartphone that was initially offered for sale in India at the promotional price of ₹251 (the equivalent of $2.99 as of 2024). Sold by Ringing Bells Private Limited, and marketed as the world's cheapest smartphone.
It entered the mobile phone business in 2008 and, by 2010, became one of the largest companies making low-cost feature phones in India. In 2014, Micromax was the tenth largest smartphone vendor in the world. [3] In the subsequent years, the company faced stiff competition from Chinese companies that began penetrating the Indian market. [4]
India's telecommunication network is the second largest in the world by number of telephone users [3] (both fixed and mobile phones) with over 1.19 billion subscribers as of September 2024. [4] It has one of the lowest call tariffs in the world enabled by multiple large-scale telecom operators and the ensuant hyper-competition between them.
Virgin Mobile India / T24 Mobile: 2009 [21] 2015 Merged into Tata Docomo [22] Singtel: 2009 2017 Acquired by Reliance Communications Videocon Telecom: 2010 [23] 2016 Shut down following sale of spectrum to Bharti Airtel [24] [25] MTS India: 2009 2017 Acquired by Reliance Communications [26] Aircel: 1999 2018 Bankrupt [27] Telenor India: 2006 2018
The difference between the money collected and that mandated to be collected was estimated by the Comptroller and Auditor General of India at ₹ 1.76 trillion (US$21 billion), based on 2010 3G and BWA spectrum-auction prices. [8]
LYF (pronounced "life"), also known as Jio LYF, is an Indian brand of smartphones, laptops, consumer electronics developed by Jio and headquartered in Mumbai, Maharashtra, India. It manufactures 4G-enabled VoLTE smartphones which run on Android. [1] [2] [3] It is a subsidiary of Jio, the telecommunication arm of Reliance Industries. [4]