RELIENCE JIO

RELIENCE JIO

Reliance Jio's big announcement on July 21: Here's what all you can expect

Reliance Jio's big announcement on July 21: Here's what all you can expect 

Reliance Industries is holding its annual general meeting (AGM) on July 21 where Reliance chairman Mukesh Ambani could make an important announcement related to Reliance Jio. The Jio announcement is likely to be "customer-centric", according to a source.
Though Jio has not hinted anything in particular as yet, there are strong rumours regarding what could be in store for Jio users. Here's what can happen on July 21:

Cheapest 4G Phone: The company is expected to launch a 4G feature phone . In an earlier report, we even shared a few leaked pictures of a device that looks like a feature phone but has 'Lyf' branding on it. Considering that Reliance Jio is only operates on 4G networks, this will be the first 4G feature to be launched by the company.
Since a normal feature phone is not equipped to handle 4G spectrum, the expected feature phone might come with a basic Qualcomm chipset from its 200 series.
The phone is expected to be priced at Rs 500, despite an estimated production cost of Rs 1,500. This feat will be achievable only if the company subsidises the devices to expand the relatively stagnant 4G market.
The leaked images of the phone show feature phone will a camera module with a 2Megapixel camera on the rear and a torch as well.
Cheaper tariffs: Other than the device, Reliance Jio is expected to share new data plans with its customer base. For a populace which purchases a phone worth Rs 500, a data plan of Rs 350 or Rs 400 wouldn't make much sense, which is why Jio is also expected to launch more data plans that are much smaller and cheaper.
A recent development also suggests that the Mukesh-Ambani led company might do away with all the free offers and introduce 'minimum floor' rates.
Minimum floor price , for both data and voice calls, has been demanded by a section of incumbent telecom operators, but implementing it could mean an end to freebies in the market. The tariffs are currently under forbearance giving telcos virtually a free hand in fixing the rates and they report plans to Trai within 7 days of launch.

 

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