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Jio Feature Phone: Reliance Jio Aims to Sell 20 Crore Units, Says Report

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The launch of Jio feature phone with 4G VoLTE support is just a day away, and both the telecom and mobile phone industries are geared up to see how Reliance Jio transforms another market. But it seems the company has much bigger plans than most would estimate, at least according to a new report. The Mukesh Ambani-backed Reliance Industries' aim is said to be to sell within two years of its launch 20 crore units of the Lyf-branded Jio feature phone, which is widely expected to be unveiled this Friday at the Reliance AGM. Also read the Jio Mobile Booking  on RelianceJioOffers.org This is an ambitious figure considering little over 136 million feature phones were sold in the whole country by all brands combined in 2016. A PTI report citing sources says Reliance Jio has an "initial sales" target of 10 million (1 crore) units, though the time period of that is unknown. Overall, Jio reportedly aims to sells 100 million units (10 crore) of the feature phone the first ye

A Reliance Jio feature phone at Rs 500?

Reliance Jio 4G VoLTE feature phone is something that has been talked about for quite some time. Since the Jio 4G service went live, there have been several reports and leaks showcasing this so called Reliance Jio 4G feature phone. Now, the latest report in Economic Times and RelinaceJioOffers.org claims Reliance Jio will launch a 4G VoLTE feature phones at a price of Rs 500. The report quotes an HSBC telecom analyst Rajiv Sharma who says “J io will likely launch a feature phone with 4G capability at a price of Rs 500 (sub-$8). ” The report claims the price will be subsidised to draw 2G subscribers to their service. The report claims Reliance Jio has “placed orders for 18-20 million of the 4G VoLTE feature phones” and tied up with some key Chinese manufacturers. The phones could be delivered by July end, says the report while hinting at an August 15 launch. Reliance Jio has never officially commented on this issue.You can know more on how you can register and book the Jio Phone