According to a new report regarding jioPhone by JP Morgan, it may be that Mukesh Ambani’s company Reliance Jio did not live up to the expectations of Jio phone users or the feature phone users could prepare Jio to take feature phone. This is because the 3-year lock-in period has been given with Jiop hone. This means that users will get a deposit of 1500 rupees only after three years, for which users have to use Jio phone’s for three years.
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JioPhone Lock-in period can become Challenge
According to the Brokerage based in New York – some of JioPhon challenges are related to viability, some have the potential to change the behavior of the people due to its affordable prices according to some. Reliance Jio, which brought services based on 4G technology in September 2016 Now the company has launched Jiophone some time ago. It has been introduced with a deposit of 1500 rupees. There is a lock-in period of three years with this deposit amount. Jio phone is going to be in the market in September. However, its pre-booking will begin on August 24.
JioPhone Users can be faster Shift:
The US-based firm was confused about the situation of attracting subscribers of Jio with a plan of Rs 153 per month. According to the report- “If the consumer is able to pay 153 rupees per month for three years, then he can become a smartphone user even before the completion of these three years.
What statistics say:
Smartphone penetration for Airtel and Idea has exceeded 40 percent of its subscriber base, even when its important part is not broadband (3G / 4G) users. This shows that this smartphone user base works on average 200 per user per revenue. And users will want to focus on its advantages and disadvantages before downgrading to smartphone from feature phones to smartphones.
Because of this, the firm is expecting a challenge for Jio. This challenge will not be like a new company and the first to enter the rival. This challenge will be based on the product. JP Morgan believes that competitive companies can compete with Jio phone in the market by bringing their own VoLTE feature phones.
Other Companies Are Also Preparing to Bring Cheaper Feature Phones
After the launch of Jio politics of Mukesh Ambani, other competing companies are in the process of negotiating handset vendors. Competitive prices to other companies with voice and data services with 4G VoLTE feature phones by bundling offers to attract consumers.
Recently the Internet and Mobile Association of India are not good specifications for smartphones at the alert was 4500 bucks and therefore call not performing well.