Global and domestic mobile device manufacturers are in discussions with Reliance Jio to offer 4G smartphones in substantial volumes at a price pegged at Rs 2,000-3,000. According to people close to the matter, Jio is looking at a ‘big bang’ migration of 2G consumers to 4G.
It wants to push the pedal on more than doubling its monthly acquisition of 2G customers from competing telecom companies and the obstacle is that good quality, 4G smartphones are priced over Rs 5,000 — a stumbling block in the way of 2G consumers migrating to 4G. Jio has been adding about 6-9 ...
TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST Rs
Key stories on business-standard.com are available to premium subscribers only.
Already a premium subscriber? LOGIN NOW
First Published: Wed, February 26 2020. 22:47 IST
