According to the report, the smartphone has already passed the R&D stage, and Jio is trying to purchase components for the gadget from businesses such as Tata Electronics.
Highlights
The users will get 10 minutes of free outgoing calls every day and it will be valid for the entire pandemic.
This development comes right after Reliance announced the launch of its New JioPhone 2021 in India.
The Rs 749 plan is there for the old users and it gives 12 months of unlimited voice calls, unlimited data (2GB high-speed data per month).
Mukesh Ambani-owned Reliance Jio has come up with special offers for JioPhone users amid the pandemic as it plans to give free 300 minutes of outgoing calls per month to all the JioPhone users.
The users will get 10 minutes of free outgoing calls every day and it will be valid for the entire pandemic.
Synopsis
The new JioPhone offers won’t change the sector’s competitive dynamics as the minimum upfront commitment of Rs 1,499 (including device) is more than double what a 2G user, typically, spends upfront on a device and the initial recharge.
AFP
Jio’s twin JioPhone-2021 offerings announced on Friday are aimed to arrest the sharp slide in Jio’s 4G user adds in recent quarters, especially as rival, Airtel has been adding far higher numbers of mobile broadband users in recent quarters.
Reliance Jio’s new bundled offers on its 4G feature phone – JioPhone – will unlikely dent Bharti
Airtel as the Sunil Mittal-led telco should continue gaining the bulk of the users leaving
Vodafone Idea stock investors. The message, analysts said, is: the wait for tariff hikes can be prolonged.
Jio along with Reliance Retail has rolled out its ‘New JioPhone 2021’ offer starting March 1 in a bid to upgrade 30 crore 2G subscribers to 4G services. The news should worry Vodafone Idea s investors more than Bharti Airtel s, analysts said.
New users under this scheme will be provided a JioPhone device along with unlimited voice calls and data of 2 GB per month for one year at Rs 1,499, and for two years at Rs 1,999. Existing users can opt for the same, unlimited service for one year at Rs 749. The move is seen targeting bottom-of-the-pyramid subscribers.