On
the occasion of 40th Annual General Meeting, the owner of Reliance Jio, Mr. Mukesh
Ambani announced the launch of its much awaited 4G feature phone, which is
named as "JioPhone". Along with that the Telco has announced its
cable TV device. Ambani, who had taken the telecom sector by surprise with free voice
calls and data last year, announced the next leap at the company's 40th
shareholder meeting.
Jio will offer its feature phone for a net effective price of
Rs 0 ( That's right, Rupees Zero). Because, Jio will offer these phones with a
refundable security deposit of Rs 1500, which will be refunded after three
years upon returning the phone.
"Today, I am delighted
to announce that JioPhone will be available to all Indians for an effective
price of - Rs 0," said Mukesh Ambani amid thunderous applause from the
shareholders. "A JioPhone user can use the JioPhone for 36 months, and can
get a full refund of the security deposit of Rs 1,500 by returning the used
JioPhone. Net-net, you pay nothing for the JioPhone," he added.
The JioPhone also hosts several attractive features as listed
below:
- 2.4-inch display
- Distress Call
System
- Jio Music, Jio
Cinema, Jio TV
- Powerful speaker
- Supports digital
payment via NFC
- SD card slot for
memory expansion
- Torch light
- Supports 4G
VoLTE for calls and data
- New set of data
plans, starting at Rs 153 for the device
- Supports 22
major languages.
Mukesh
Ambani used the occasion to introduce his twin children, Akash and Isha, who
presented the phone features that include calls and text messaging on voice
command, Internet surfing and cable to connect the device to TV to view
content, including videos.
"It is made in India by the young Indian,"
Esha Ambani told announcing the launch of the phone.
The
phone, targeted at 50 crore feature phone users in the country, will be
available for pre-booking from 24 August on payment of a refundable security
deposit of Rs 1,500. "JioPhone will make the 2G feature phone
obsolete," Ambani claimed, adding that the company is looking to bring 5
million phones to the market a week. The JioPhone will be available for user
testing in beta mode from 15 August and for pre-booking from 24 August.
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