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Jio disruption: Feature phone to cost Rs 0 with Rs 1,500 refundable deposit

Jio feature phone offered free voice, SMS, unlimited data at Rs 153/month

Highlights: Mukesh Ambani unveils new 4G feature phone at RIL AGM
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Today, Jio is going to reinvent the conventional feature phone. Mukesh Ambani introduces India ka Intelligent SmartPhone

BS Web Team New Delhi
Reliance Industries Limited (RIL) on Friday held its 40th AGM or annual general meeting for shareholders today, at Birla Matushri Sabhagar in Mumbai. During the event, Reliance announced the launch of its 4G feature phone. Along with that the telco has announced its cable TV device. The JioPhone will be available for free but buyers will have to deposit a fee of Rs 1500 which will be refundable after three years. This means the phone will be available at an effective price of zero.

The phone, targeted at 50 crore feature phone users in the country, will be available for