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India’s Leading Mobile Network Encourages Feature Phone to Smartphones Switch
Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. Google owns ~7% of the shares of the company. IT largest subsidiary is Jio and major force in the mobile sector, which according to the Telecom Regulatory Authority of India (TRAI), Reliance Jio has a subscriber base of 427.6 million, which has been recently growing at 1%/month. Reliance has been encouraging local consumers to switch from feature phones to smartphones, but several other brands are releasing more new feature phones in the country to expand their local presence. Reliance has cooperated with Google to develop an inexpensive smartphone, the JioPhone Next, to be released on September 10 in India. Although the device's specifications and pricing are still not clear at the moment, it is powered by an operating system specially designed by Google, with the phone mainly targeting India's over 300 million users that are still using 2G feature phones. Realme released two new feature phones - Dizo Star 500 and 300 - in India in early July, while HMD Global has also launched the 6310 series feature phones recently.
Reliance Industries Limited is a Fortune 500 company and the largest private sector corporation in India. Google owns ~7% of the shares of the company. IT largest subsidiary is Jio and major force in the mobile sector, which according to the Telecom Regulatory Authority of India (TRAI), Reliance Jio has a subscriber base of 427.6 million, which has been recently growing at 1%/month. Reliance has been encouraging local consumers to switch from feature phones to smartphones, but several other brands are releasing more new feature phones in the country to expand their local presence. Reliance has cooperated with Google to develop an inexpensive smartphone, the JioPhone Next, to be released on September 10 in India. Although the device's specifications and pricing are still not clear at the moment, it is powered by an operating system specially designed by Google, with the phone mainly targeting India's over 300 million users that are still using 2G feature phones. Realme released two new feature phones - Dizo Star 500 and 300 - in India in early July, while HMD Global has also launched the 6310 series feature phones recently.
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The company is weighing a bid for Deutsche Telekom AG’s Netherlands subsidiary ( T-Mobile Netherlands BV). Deutsche Telekom is seeking about 5 billion euros ($5.9 billion) in any sale, the knowledgeable people said. Deliberations are ongoing, no final decision has been made. |