Mumbai: RIL Chairman Mukesh Ambani on Friday launched what he called an "effectively free" 4G-enabled feature phone handset during the Reliance Industries Ltd's (RIL) 40th annual general meeting (AGM) in Mumbai.
"The Jio Phone would be available for an effective price Rs 0," Mukesh Ambani, Chairman, RIL said. Customers would be required to pay a refundable security deposit of Rs 1,500 for three years, "for security reasons", the company said
Voice and data both will come free with an affordable monthly plan of Rs 153, Jio announced. "At a plan Rs 153 a month, it is only 3 per cent of the existing price putting an end to unaffordable data for all Indians forever," Ambani said.
|