Reliance JioPhone at Rs 0: Twitter rejoices launch of 4G-enabled handset

You can get it for a security deposit of Rs 1,500, refundable after three years on return of phone

Industrialist Mukesh Ambani-led Reliance Industries Ltd announced the launch of 'effective smartphone' JioPhone, which will be available for beta testing from August 15. Buyers can get this “effectively cost zero” smartphone for a one-time security deposit of Rs 1,500, which will be refunded after 3 years on the return of the phone.
 

The phone will be available for pre-booking from August 24, said Reliance chairman, billionaire Mukesh Ambani at the petrochemicals-to-retail conglomerate’s annual general meeting (AGM). The phone will support 22 languages.
 

The phone will be given away on a first come first served basis. It will be available for