Reliance Jio All Set To Own The Market by Selling Rs 500 4G Smartphone
After the launch of super-cheap 4G services in India, Reliance is once again set to create a wave of disruption in the market.
Billionaire Mukesh Ambani's Reliance Jio Infocomm Ltd. is likely to launch its 4G-VOLTE enabled smartphone for an unbelievable pricing of just Rs 500. As per the source by ET, the launch may be announced at its parent Reliance Industries' annual general meeting which will be duly held on July, 21 2017 .
With this Reliance Jio can once again cause disruption in the market if the Jio 4G phone is launched at price of Rs 500. According to a Financial Express report, Reliance Jio is also in talks with Techchain and Uniscope( Chinese manufacturers) for the its 4G-VOLTE phone. Although the pricing is very dynamic for now all the rumor-based reports.
"Jio is like...