First JIO banged the telecommunication market and now Mukesh Ambani targeted billion dollor Mobile Phone market. Recently on friday  Mukesh Ambani launched a new featured phone at Reliance AGM. He announced the phone as 'India ka Smartphone' at an effective price Rs. 0 Here buyer has to pay Rs. 1500 as a deposit after 3 years it will be refunded on selling it back. With this 4G LTE supported featured phone users can enjoy free voice calls, 4G high speed data, JioTV, JioCinema and other Jio services at plans starting from Rs. 153
 
Ambani says that there are more than 50 Crore featured phone users and more than 10 Crore new phones are buyed every year. Ambani's son Akash and daughter Isha were also part of this lauching at 40th Reliance AGM.
 
For featured phone users this is a big update and should try this deal. For intrested buyers this is good news from 15th August it will be available in market.