Telecom stocks fall up to 3 percent after launch of Reliance JioPhone

Reliance AGM 2017: 'Free' 4G VoLTE feature phone launched

The Jio Phone was launched at the recent AGM meet of Reliance Industries Limited (RIL) wherein the phone was tagged as "India ka smartphone" in line with its special features. Today, Jio is going to reinvent the conventional feature phone. "Subsequently, these users will be expected to migrate to smartphones in the next two-three years", Navkendar Singh said.

Addressing at the meeting, he said. So a large number of feature phone consumers in India can easily join with the Jio network. This offer brings unlimited voice, SMS and data service for the entire month.

With Jio's network coverage reaching 99% of India's population, and by making voice calls free, this potentially empowers each and every Indian to make FREE VOICE CALLS... to any operator anywhere in India. Users who pre-book will b able to buy the phone from September, on a first come first serve basis.

The JioPhone also comes bundled with a slew of MyJio apps and an additional cable which will enable users to connect their feature phone with TV or other smart display monitors.

Although the JioPhone data plans announced on stage mentioned "unlimited" data access, Gadgets 360 has learnt that there is actually a daily usage limit - a fair usage policy. However, while the JioPhone faces tough competition from various budget 4G Phones that have been launched by Micromax, Lyf, and other brands.

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With the new offering from Reliance, the incumbents would be forced to reduce their 350-per-month tariff to Rs 250 or even Rs 200.

However, numerous telecom towers of the incumbents are not connected with high-speed backhaul cables, and can not carry the kind of data required to compete with Jio.

We are well aware that many of these users find it hard to commit Rs. 153 upfront. These packs are of value Rs 24 and Rs 54 which will offer all the solutions for 2 days and 1 week respectively. The phone, which can be operated on voice command also facilitates use of keyboard while speaking to the phone. The phones would be "Made in India", Ambani said. Jio phone comes with all regular options like SD card slot, Torchlight and FM radio found in a basic phone.

It comes preloaded with all Reliance Jio apps and a Reliance app store.

One more intelligent feature of the JioPhone is this feature phone can be used to watch movies or TV programs by connecting it to any TV. They can also choose to pay Rs 309 per month to get all this.

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