Jio offers 'free' phone with recharge of Rs.153 per month

The Jio Phone, which will have a 2.4-inch screen, 512 MB RAM and 4GB memory, promises to deliver many of Jio's key services. For those who upgrade to a monthly tariff of Rs 309, the device will come with an option for connectivity and transmission to television, acting as a provider of cable TV (though per day video usage could be around 3-4 hours).

Analysts say the latest onslaught by Jio could be disruptive once again as there is a lot of scope for introducing new subscribers to the world of data. Also, with Jio taking Rs 1,500 as upfront cost for the device (which is refundable after three years) and a monthly tariff of Rs 153, the company will make enough money per subscriber to justify the aggressive posturing.

Ambani's daughter Isha and son Akash, who have been instrumental in the launch of Jio, also made presentations on the new device before the shareholders. The company, which started with free services initially, has garnered 10 crore paid subscribers since its launch.

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