Reliance Jio 4g 500 Rs Mobile Phone Reliance Jio company is soon going to the launch its 4G VoLTE handset in India. The phone, which could be priced for Rs 500, is likely to launch at the annual general meet of Reliance Industries on July 21.
Reliance Industries is going to conduct its annual general meeting on July 21, where the company is also expected to announce a couple of new "value-for-money" tariff plans for its Jio customers. According to a report in the Economic Times, Rajiv Sharma, HSBC director and telecoms analyst, talked about the 4G feature phone by Jio. In his notes he reportedly said that Jio will launch the new device "at a paltry Rs 500 (sub-$8) to lure 2G subscribers to directly switch to 4G. (this means) Jio (is) subsidising each handset by as much as $10-15 (Rs 650-975)."