Reliance Jio's Rs 500 4G VoLTE phone to be launched on July 21: Report

Jio, which has been in talks to launch a 4G VoLTE feature phone since long, is going to launch its 4G VoLTE handset this month, a new report has suggested.

The Jio 4G VoLTE phone is likely to be launched the the annual general meet of Reliance Industries on July 21, according to the report. The handset is rumoured to be the cheapest feature phone till date and it may be priced at Rs 500, the report suggests.

On July 21, Reliance Industries is expected to announce some new 'value-for-money' tariff plans for its Jio customers during its annual general meeting on July 21.

"At a paltry Rs 500 (sub-$8) to lure 2G subscribers to directly switch to 4G. Jio subsidising each handset by as much as $10-15 (Rs 650-975)," Rajiv Sharma HSBC director and telecoms analyst said as per a report by ET.

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