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Reliance launches its 4G featured 'JioPhone' at ₹ 0 cost | Details inside....
Mumbai: Reliance Industries Chairman Mukesh Ambani, at the 40th Annual General Meeting (AGM) of RIL, launched its 4G phone which is named as 'JioPhone'.
Buyers will have to deposit an amount of Rs 1500 at the time of purchasing which will be refundable after three years on returning the phone. So, this means that the phone costs Rs Zero to the customers.
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At the AGM, that took place at Birla Matushri Sabhagar in Mumbai, Mukesh Ambani said, "RIL's market cap has grown from Rs. 10 crore in 1977 to over Rs. 5 lakh crore now. Team Jio has stunned the world, over delivering on “the 100 million target I had set for them."
About JioPhone:
- The phone will be available for beta testing on August 15.
- The pre-booking for the smartphone will be done from August 24. Finally, the phone will be available from September, 2017.
- The phone will support 22 languages.
- The phone is termed as 'India Ka Smartphone'.
- The model has Jio Cinema, Jio Music in-built.
The smartphone will also have:
- Alpha numeric keypad
- 2.4 inch QVGA display
- FM radio
- Torch light
- Headphone jack
- SD card slot
- Four way navigation system
- Phone Contact
- Call History
- Jio Apps
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What else Mukesh Ambani said?
- Reliance Industries at 50 will certainly become one of the top 50 companies in the world.
- Bonus shares reflect my confidence in future of company.
- We have invested over Rs. 2 lakh crore towards digital initiative.
- We have invested over Rs. 2 lakh crore towards digital initiative.
- 100% security deposit of Rs. 1,500 will be refunded after 3 years.
- With this, I am sure Jio will set a new world record.
- JioPhone will make 2G feature phones obsolete
- JioPhone to be available on a first-come, first-serve basis from September,
- From last quarter of 2017, all JioPhones to be made in India.We are targeting to have 5 million JioPhones a week
- JioPhone to be available at an effective price of Rs. 0, it is effectively free for Jio users.
- If these users were to consume similar quantity of data on other networks, they would spend Rs. 4,000-Rs. 5,000 a month; Jio will provide this at only Rs. 153 per month
- Starting 15th August this year, I am declaring Digital Freedom for all feature phone users
- Later this year, NFC (near field communication) technology will be introduced to JioPhone
- Jio to cover 99% of country's population in 12 months.
- Today, Jio has more than 100 million paying Jio Prime customers, most have recharged on Jio's Rs. 309 or higher plans.
Sakshi Chaturvedi
A journalist, presently working as a Sub-Editor at newstrack.com.
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