Reliance Jio set to announce Rs 500 phone


New Delhi: Reliance Jio is readying another onslaught on rival telecom companies with its Rs 500 feature phone. The phone appears aimed at luring 2G buyers to graduate to the company’s 4G VoLTE network.

Reliance Jio may announce its Rs 500 4G VoLTE phone at parent Reliance Industries’ Annual General Meeting (AGM), which is scheduled for July 21, as per sources.

Besides its Dhan Dhana Dhan offer, Reliance Jio also has other plans that start at around Rs 150 a month. The company is now speculated to introduce new traiff plans.

Under the Dhan Dhana Dhan plan, Jio is offering free voice, unlimited SMS and access to Jio apps, and 1or 2 GB of daily data for a one-­time payment of Rs 309 or Rs 509, respectively, to its Prime members, who paid a onetime fee of Rs 99.

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