MUMBAI: At the 40th AGM on Friday, Reliance Industries CMD Mukesh Ambani introduced 'India Ka Smartphone' – the JioPhone. It is said to be a 4G-enabled cost-efficient feature phone, which works on voice commands. Announcing the launch, Ambani's daughter Esha said, “It is made in India by the young Indian."
She said that Jio would provide that at an effective price of Rs 153 per month, that is, three per cent of the existing price. If these users were to consume a similar quantity of data on other operator's network, they would spend Rs 4,000 – 5,000 per month.
The launch is likely to further change the landscape of how people consume video content in India. The OTT space is likely to get a major push and RIL has already announced buying a stake in Balaji Telefilms.
Mukesh Ambani also announced the following:
JioPhone will be available for free.
Dhan Dhana Dhan plan is available at Rs 153 per month
Rs 309 per month Jio phone TV cable: It comes preloaded with the Namo app and can play 'Mann Ki Baat' radio programme too.
Smart TV as well as CRT can be connected with the Jio phone TV cable
Jio will reinvent the conventional feature phone with a revolutionary device
RIL aims to sell five million JioPhones a week
It will be available for user testing in beta from 15 August and for pre-booking from 24 August
RIL plans to collect a fully refundable, one-time, security deposit of Rs 1,500 with every phone
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