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Reliance Jio Announces Its New 4G Feature Phone At An “Effective Price” of Just Rs 0

Reliance Jio has just announced it’s latest hardware product at its AGM today, a 4G feature phone designed for people who just want a basic phone with good internet access. 

The JioPhone comes with a 2.4-inch QVGA display, with 512 MB of RAM and 4 GB of internal storage, expandable up to 128 GB. It features a VGA front camera and 2MP rear cam, and is powered by a 2000mAh battery. 
The JioPhone has 4G  support, and features both a mini and nano SIM slot, though there’s no 2G or 3G support. Additionally, the device has Bluetooth 4.1 and WiFi connectivity, so it’s still more than what you’d expect of a typical feature phone.
More importantly, Mukesh Ambani has proclaimed that the JioPhone “will be available to all Indians at an effective price of Rs 0.” The company says it will collect a Rs 1,500 security deposit to prevent misuse, which will be refunded after a three-year duration, if you choose to return the phone.
So, will you buy the free Jio phone?
SOURCE- IndiaTimes