Cheapest 4G Phone
The blooming telecommunication company Reliance Jio Infocomm Limited is set to launch the cheapest 4G phone, Jio 5 at Rs 638 (INR 399) in December 2020 or early next year. Jio 5 will not only have the cheapest 4G phone price but also will be provided with various Jio data packages. This phone is going to launch with the Android platform in collaboration with Google, which has invested 4.5 billion earlier this year.
Reliance Industries Ltd‘s telecom unit is set to produce more than 100 million low-cost smartphones despite the competition from Chinese mobile companies. Chinese companies like Xiaomi, Realme, Oppo, Vivo have a good market in India but due to the rise of Jio in the mobile market, they are facing huge competition to keep their mobiles in the market.
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This is not the first time Jio is dominating a market because before it has already given a headache to its network service competitors by providing various lucrative offers to attract users. There are around 387.5 million subscribers of the Jio network in India now, It is the largest mobile network operator in India and third largest in the world.