Reliance jio new featured 4g volte handset may cost 500 rupees only

Unconfirmed reports show that, Reliance jio featured handset with 4g volte may launched this year at a price lower than 8 dollars. This will be a another huge wave in the telecom markets. We are expecting that the announcement on this cheapest 4g volt featured phone will be at parent Reliance Industries’ annual general meeting on July 21. Also you can expect more jio plans with 84 days validity.

Jio featured 4g volte phone

After the huge growth, Reliance jio losts its acceleration on adding the new customers. The main reason for this is may be because of scarcity of the low cost 4g volte phones. But after laughing this cheapest phone may attract the the 2g users to come into the Reliance jio networks.

Rajiv Sharma, HSBC director and telecoms analyst about the cheapest 4g phone

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)”

Analysts expect Jio to dangle a combination of an aggressive tariff offer backed with the mass-market 4G VoLTE feature phone to rev up active subscriber additions.

Top executive of one of the leading telcos about the launch

“This launch can create the next wave of disruption in the telecom market,”
“Not just us, but the existing players could surely lose a chunk of their low-end voice customers — most of whom are pre-paid - once this 4G featurephone is launched.”

Final words

So lets hope for the best and wait for july 21st for any good news from jio. If this new cheapest smartphone is launched, it gona Defenitly hurt other telecom companies such as airtel, idea, vodafone.