Reliance Jio to Launch 4G Smartphone at Rs. 4,000; Services to Start at Rs. 300 per Month

Billionaire Mukesh Ambani will re-enter the telecom business with a Rs. 4,000 4G smartphone by December, offering voice and data services for as low as Rs. 300-Rs 500 per month.

Reliance Jio Infocomm, which will commercially launch 4G services by December, has the largest footprint of liberalised spectrum in the country, acquired at a cost of Rs. 34,000 crore.

Speaking at annual shareholders meeting of Reliance Industries (RIL), Ambani said ensuring availability of affordable 4G smartphones has been one of the topmost priorities for Jio.
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