Buzz about Reliance Jio’s 5G phone has been making rounds ever since the brand announced the Jio 5G and its strategic partnership with Google and Qualcomm. This was in July, and since then, we have heard the phone would be priced around Rs.4000. But, a fresh new PTI report claims the sticker price can be as low as Rs. 2,500.
The source of this new revelation is an unnamed Reliance Jio official, according to whom, “Jio wants to bring the device for less than Rs 5,000. When we scale up the sales, it can be priced in the range of Rs 2,500-3,000.”
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So, although the inaugural price would be below Rs. 5000 (say, even Rs. 4000), soon as the sales pick up and the business grows, the phones may get even more affordable.
Jio has designed and developed a complete 5G solution from scratch. It will be ready for trials as soon as 5G spectrum is available and can be ready for field deployment next year: Mukesh Ambani at #RILAGM #NayeIndiaKaNayaJosh #Jio
— Reliance Jio (@reliancejio) July 15, 2020
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Jio envisions to migrate the present 350 million 2G users on to its 5G network. Mr. Ambani had declared his ambition to make India 2G-mukt. Meanwhile, the Indian govt is yet to start the 5G allocation process.