INDIA'S LARGEST TELECOM operator Reliance Jio Infocomm has launched the Jio Bharat V2 phone at ₹999, which the company claims is the lowest-priced internet-enabled phone. It can be bought with a monthly plan of ₹123 (apart from the ₹999 for the phone), where customers get unlimited voice calls and 14 GB data every month.
This comes after Mukesh Ambani, Chairman & MD of Reliance Industries, had launched the JioPhone with 4G-enabled features in July 2017. After disrupting the voice and data market in 2016, this was the next salvo from the petrochemicals-to-telecom conglomerate. At a price of just ₹1,500 (to be refunded over three years), the phone was eminently attractive as an inexpensive internet-enabled phone. That's not all, as the 2018 annual general meeting saw the JioPhone 2 being launched at ₹2,999. Ambani had also revealed the sales of 25 million JioPhone units by then.
Tarun Pathak, Research Director-Devices and Ecosystems at Counterpoint Technology Market Research, believes the strategy behind the launch of the JioPhone between 2017 and 2018, compared to what we see now is very different. "JioPhone was aimed at democratising internet usage and 4G adoption in India and it helped [the company] in gaining a foothold by selling more than 100 million units so far," he says. "The goal of Jio Bharat is to shift the 250 million-plus feature phone users, which still remains elusive to the internet economy, to a 4G device."
Bu hikaye Business Today India dergisinin August 06, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Today India dergisinin August 06, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
"Do what's best for employees"
BEST ADVICE - PANKAJ JATHAR | CEO | NIIT LTD
Your Palate for 2025
What's in store for you in the New Year when you go out for a meal or a drink? We ask industry experts to predict F&B trends for 2025
"RBI'S STANCE SHOULD BE TO KEEP THE RUPEE MORE VOLATILE"
Axis Bank Chief Economist Neelkanth Mishra talks about the rupee, quantitative easing, the Trump impact, and more
"We should strive towards two non-zero GST rates"
Arvind Panagariya, Chairman of the 16th Finance Commission, on further reforms in the economy, the Nehruvian era and its impact on policymaking, cash transfers, and more
A GENERATION MAROONED
This generation is creating new grammar for social and professional existence. They are reimagining the very concept of work, identity, and social belonging
A TIME OF UNCERTAINTY AND OPPORTUNITY
A look at the key trends that will redefine how content will be created, distributed, and consumed
Consciousness Shaping Consumption
India has a dynamic and discerning consumer base, whose consumption pattern is experiencing a significant transformation
THE NIFTY ELEPHANTS
The composition of the Nifty 50 index has undergone notable changes in the past 30 years, with only 11 companies consistently remaining in the index. It is expected to undergo further changes in 2025 with the entry of new-age companies like Zomato
REDEFINING THE DIGITAL AGE
For Bitcoin, its future lies not as a currency but as a cornerstone of the modern financial ecosystem
THE FUTURE OF HEALTHCARE
As AI advances, so will its role in health insurance. In the future, it shall perform a variety of complex tasks, making it more accessible and aligned with individual needs