Reliance Jio introduces the JioPhone, a feature phone for digital India
- Author: Zachary Reyes Jul 21, 2017,
Jul 21, 2017, 20:43
Though the mobile phone effectively comes for free, there's a rule - buyers will have to pay a security deposit of 1,500 rupees (20 USA dollars) which will be refundable after three years. Yes, if the quality of handset and connectivity is good, it may phase out 2G from India in the next couple of years.
Our source further said, " Jio is planning to tie up Indian handset brands for 4G feature phones and may be by October - November time frame we might hear some announcement. In the last ten months, the supply of new 3G phones has largely stopped.
As per Mukesh Ambani, Jio will churn out 50 lakh Jio phones every week, starting September. All the basic features such as torchlight, FM radio, music player etc. are provided in the phone.
Jio users consistently make more than 250 crore minutes of voice and video calls every single day. "This is what I call digital freedome".
India's richest man said Friday that his cellular company has developed an low-priced web-enabled mobile phone for the masses, a move that could shake up the handset market and force some of the world's leading phone makers to slash prices to stay competitive.
The feature phone was anticipated by industry experts months ago and now it is official.
To emerge out of these losses, they would have to depend on increasing their revenue from data services. "They look for value for money".
Increase in the adoption of budget VoLTE phone will positively impact the growth of mobile Internet in India.
Why complain when a phone is free?
However, the company had earlier announced a bonus issue in the years of 2009, 1997 and 1983.
Shares of the RIL (Reliance Industry) are trading with huge volume 2,22,04,891 3.72 per cent up at Rs 1,585.75 around before Sensex closing Hours. "It is not a hard task, if incumbents do not react on time", said the former CEO.
Jio has a customer base of about 100 million in just 170 days.
iVoomi Me 4 is a budget android phone that runs on Android Nougat and was launched at Rs 3499 on Flipkart. Users of the JioPhone will also get unlimited data and free text messages at Rs 153 per month. This will also help users in remote areas where cable TV and internet have not reached.
Vodafone has 40.42 million and Idea Cellular has 24.63 million users.
Jio wants to cover 99% of Indians with their services.