Voice will come free with a monthly plan of Rs 153, Jio announced. This TV cable is compatible with CRT TVs as well. There will be the Rs 54 weekly plan and Rs 24 two-day plan also along with the same features.
According to Mukesh Ambani, the JioPhone will be available for beta testing from Independence Day.
Navkendar Singh, senior research manager at IDC India, said JioPhone will have a significant impact on the 2G feature phone market in the country.
The handset also comes with a torchlight, a headphone jack, and a very compact design.
Furthermore, the phone supports 22-regional languages and comes equipped with Reliance's own voice assistant that, at least during the presentation, worked flawlessly.
JioPhone TV cable will let customers connect Jio Phone to any TV.
"In just four phenomenal decades, Reliance has grown from a startup to one of the largest and the most admired companies in the world".
The company has a target of making 5 million Jio Phones available every week. The survival of Indian brands in phone manufacturing would become hard as the feature phone segment is dominated by Indian brands.
The feature phone was anticipated by industry experts months ago and now it is official.
He said, "JioPhone is effectively free for Jio users".
The JioPhone is availble for Rs. 0, but the company will collect Rs. 1,500 as security deposit, which will be refunded after three years on returning the device.
That last part is crucial. There will be a microphone & speaker attached with Jio phone with the inbuilt FM radio facility.
The statement added, "By proposing a transition to the "Bill and Keep" regime with zero MTC, Reliance Jio wants to simply transfer its cost to Airtel and other operators".
You will, nearly certainly, not be able to download Google Play, so say bye-bye to all Play Store apps. "This move will completely change the telecom market since incumbent telecom companies may be unable to compete either on network quality or on affordable competing devices".
Jio apps have separate buttons on the JioPhone. He said, "This is the next big monetization opportunity for Jio".
Jio can charge a fixed amount for using these Jio apps on their network - essentially charging the customer X amount for accessing all the apps.
This will also help Jio in acquiring good revenue. "Jio will give them access to unlimited data on the Jio phone", Ambani announced to thunderous applause from shareholders present at the event. Reliance Jio users will get an option to browse Internet on the device as well.
Customers would be required to pay a refundable security deposit of Rs1,500 for three years "for security reasons".