Jio may price 5G smartphone between Rs 8k and Rs 12k: Report

Reliance Jio is likely to price its 5G smartphone in the range of Rs 8,000 to Rs 12,000, once the company has achieved broad 5G coverage, in a bid to attract mass market 4G smartphone users, a report by Counterpoint Research said.

This strategy is similar to what Jio had done with the Jio Phone Next 4G smartphone, co-developed with Google, by attracting “hundreds of millions of 2G feature phone users to its 4G network”, the research firm said Monday.