Jio Phone: Reliance Jio Said to Be Subsidising Cost by 40 Percent

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Jio Phone deliveries have started across the country, with the device being “essentially free” after a refundable security deposit of Rs. 1,500. But it turns out that Jio achieved the the Rs. 1,500 (roughly $23.05) price point after subsidising the cost by as much as 40 percent. The...
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