Only Rs 500 Jio 4G VoLTE handset

Do you know that Reliance Jio is going to launch android volte phone in just 500 INR? If you don't then read this article.

Reliance Jio is likely to launch its much-awaited 4G VoLTE feature phone within this month, with brokerage HSBC putting the price at as low as Rs 500, a move which could bring in another wave of disruption in the telecom market.

Source - google.co.in

The launch — which some believe could be announced at parent Reliance Industries’ annual general meeting on July 21— would follow Jio’s likely announcement of a new tariff plan with aggressive price-points over the next couple of days with its 84-day Dhan Dhana Dhan offer — announced on April 11 — drawing to a close, people familiar with the matter said.Jio is likely to price its 4G feature phone “at a paltry Rs 500 (sub-$8) to lure 2G subscribers to directly switch to 4G”, which implies “Jio subsidising each handset by as much as $10-15 (Rs 650-975)”, Rajiv Sharma, HSBC director and telecoms analyst, said in a note seen by ET.

Source - goigle.co.in

Along with the 4G feature phone, Reliance Jio is said to be launching a more aggressively priced tariff plan to reach more users. This new Jio plan is said to be priced at Rs. 80-90, but it is not yet known whether the tariff will be limited only to buyers of the 4G feature phone or for customers using the network on smartphones as well. Just this week, the company launched a new offerthat provides customers with 224GB of 4G data, but this is limited only to those buying a new JioFi device, and not for existing users.

In its April regulatory filing, the operator said it has 112.55 million userson its mobile network. A low-priced, 4G-enabled feature phone with a complimentary tariff plan will give Reliance Jio access to millions of consumers who still use 2G handsets due to the prohibitory costs of smartphones. Of course, this move is expected to further increase the competition in the telecom industry, which has been bleeding since Jio started operations in September last year.

According to previous leaks, the Reliance Jio 4G VoLTE feature phone will come in two variants: one featuring a Qualcomm processor, and the other with a Spreadtrum chip. In terms of specifications, Jio 4G feature phone is said to have a 2.4-inch display, 512MB RAM, 4GB internal storage, microSD card support, 2-megapixel rear camera, VGA front camera, Wi-Fi, GPS, and NFC. With 4G VoLTE support, buyers will be able to access digital content on the feature phone courtesy the free subscription to Jio apps. In fact, leaked photosof the device show dedicated hardware buttons in the front for MyJio, JioTV, JioCinema, and JioMusic apps. Voice calls and SMSs are also expected to be free with the device.

Source - google.co.in

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