There seems to be no ending of attractive offers from Reliance Jio since its entry into telecom industry. The newly launched free calling JioPhone by industrialist Mukesh Ambani-led Reliance Industries Ltd (RIL) is another add on to the list. While addressing at the company 40th annual general meeting industrialist Ambani unveiled a low-cost 4G-enabled phone which created buzz across the telecom Industry. The JioPhone will be available to all Indians for an effective price of Rs Zero, Ambani said. Though the buyers have to pay one-time refundable security deposit of Rs. 1,500 while taking a JioPhone. Now the question arises that will the launch of 4G-enabled JioPhone effect the market share of its competitors in telecom industry.
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