Robinhood 5G, Right to Repair

20 Jul 2022  Read 401 Views

For too long, India has suffered the plight of income disparity! A hero shall emerge, a Robinhood that shall take from the rich and give to the masses! This hero will be... the 5G network?🤔

Ok, let's take a few steps back from the grand entrance and snap back to reality. As 5G comes ever close to launching, the new network will reportedly cost around 10-20% more in its initial stages than its predecessor, the 4G network. The timeline of 5G tariffs will go something like this:

  • 5G rolls out at reported 10-20% premium rates.
  • The high rates stay in place till a satisfactory Average Revenue Per User (ARPU) is reached.
  • The premium rates drop to the previous levels to drive customer acquisition.

The initial tariffs will hit the richer demographics of the country more as only people above a certain income level can afford 5G compatible smartphones. The affordable plans will be released to drive customer acquisition higher.

So, in a way, the rich shall pay for the bandwidth needs of the masses. Hooray for equality (I guess? 🤷‍♂️)

Speaking of phones and retail consumers getting some fair treatment, the department of consumer affairs plans to implement Right to Repair in India. In its pilot stage, the right shall apply to the following products:

  • Phones/Tablets
  • Consumer Durables & Electronics
  • Automobile & Farming Equipment

If the new law is successfully implemented, consumers of the products mentioned above can avail of repair services from third-party vendors who will be provided with proper information and genuine parts required for said fixes. Finally, warranties would mean something for the retail customer for once, as a phone in need of repair doesn't add to the e-waste pile; just because a "genuine repair" shop isn't available nearby. 🙄

About the Author: Deb P Samaddar | 248 Post(s)

Deb is a keen learner and eager to learn about the finance world. He is that person who would never stop talking, but my oh my, the words he uses, are not something a normal human would in a regular conversation. While the conversations are well, interesting, the write-ups are faultless. With an increased proclivity towards tech and language, he aims to capitalise on his interests as a content writer at Finology.

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