The Reliance AGM has kicked off in Mumbai. The meet started at 11 am is expected to have many new announcements for the users. Last year in 2016, Mukesh Ambani announced the launch of Relaince Jio Telecom network. And this year, the most anticipated announcement is the launch of Jio phone. The Chairman of the Group, Mr. Mukesh Ambani will update the partners of the group.
The price of this phone is pegged to be somewhere between Rs.500 to Rs. 1500. The phone is likely to be sourced from China, as the company is said to be partnering with OEMs such as Zhejiang Techain Electronics Technology Co., Shenzhen CHINO-E Communication Co, Crave and Megaphone.