Reliance eyes 2G users from rivals with Rs 699 JioPhone in festival season

Ahead of the festive season, Reliance Jio has slashed prices of its feature phone on Tuesday as it hopes to onboard 2G subscribers from rival operators.  During Dussehra and Diwali, Jio is making the JioPhone available for Rs 699 against the current price of Rs 1,500. 

The company said the offer is targeted at over 350 million 2G users currently paying extremely high data rates for poor quality 2G data.  “By offering the ‘JioPhone Diwali Gift’, we are making an investment of Rs 1,500 towards bringing every new person from the bottom of the economic pyramid into the Internet economy. This