Reliance Jio 4G VoLTE feature phone: Will Mukesh Ambani announce it at AGM tomorrow?

Reliance Industries chairman Mukesh Ambani will address the company’s annual general meeting (AGM) on July 21, and all eyes will be on announcements regarding Reliance Jio and whether there will be new products around the service. For sometime, we have seen leaks around the Reliance Jio 4G VoLTE enabled feature phone and it remains to be seen whether this will be finally unveiled. It is learnt that there will be at least one “consumer-centric” announcement by Ambani at the event.

According to reports in the Business Standard, Foxconn is manufacturing the Reliance Jio 4G VoLTE feature phone, though another report in the Economic Times is claiming that Intex will be manufacturing most of these feature phones. The Reliance Jio LYF branded feature phone could be priced under Rs 1500, though previously reports have pegged the price to be as low as Rs 500. However, the latter is unlikely given that this would mean Jio will need to heavily subsidise the phone.