By making mobile recharge for 28 days, Telecom companies earn for 13 months in a Year!
How?
Go through this.
Nowadays, when you go for a monthly recharge of your mobile talk time or Data, the telecom operator recharges it only for 28 days. Except for BSNL, Reliance Jio, Vodafone, and Airtel mobile recharge 28 days.
This whole concept of 28 days recharge has started in 2018. Through this method, you are recharging for 13 months in a Year!
Before that, the monthly recharge was of 30 days flat. Then what is there if 2 days also get reduced from 30 to 28 days? Here is the catch…
Earlier Era –
Number of days in a year are – 365 days
Number of days per recharge – 30 days
Number of recharge – 12 recharge (365/30) (there was a loss of 5 days, which is negligible)
Current Era –
The number of days in a year are – 365 days
Number of days per recharge – 28 days
Number of recharge – 13 recharge (365/28) (there was a loss of 1 day, which is negligible)
By reducing 2 days in a month, which consumer doesn’t think of, telecom companies are recovering more equivalent to 1-month charge from their subscribers. What value is being paid for, by consumers?
The recharge rates vary, depend on each service provider.
When it is coming for payment of Salaries to employees, these companies pay a salary for 12 months in a year. But earning their revenue for 13 months in a year.