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"Jio is likely to price its 4G Feature Phone“at a paltry Rs 500 (sub-$8) to lure 2G subscribers to directly switch to 4G”, which implies “Jio subsidising each handset by as much as $10-15 (Rs 650-975)”,
The feature phone combined with ultra-affordable tariff would not only allow Reliance Jio Infocomm to lure 2G subscribers to move to 4G but also strengthen its rural subscriber base.
launch of Jio’s mass-market 4G Feature Phone “to happen any time from now” if the company is targeting urban low-end customers.
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