That’s higher than the earlier estimate of Rs 4,000. The Mukesh Ambani-led telecom operator unveiled the new budget phone, co-developed with Google, on Nov. That’s because low-cost or non-data subscribers might not have the inclination to pay the upfront cost and monthly EMIs.īesides, Bharti Airtel Ltd.’s recent offer of providing a cashback of Rs 6,000 on several smartphones seems compelling and less costly for a customer on an overall basis than JioPhone Next, the analysts said. The current pricing doesn’t offer any material incentive for feature phone or JioPhone users to upgrade to JioPhone Next, according to analysts from research houses such as Jefferies, Kotak Securities and Emkay Global. has priced its budget smartphone, JioPhone Next, higher than expectations and that may deter an upgrade for low-cost users.
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