Jio Phone 5G Price in India Could be Between Rs 8,000 – Rs 12,000; 5G Plans to Cost More than 4G: Report

Jio Phone 5G

5G rollout is around the corner. Telecom operators are expected to roll out 5G services in India in October. In the first phase of the rollout, as many as 22 cities from different parts of the country will get access to 5G network. Smartphone companies are also cashing in and launching budget smartphones with 5G network support. Reliance Jio, which is among the three telecom operators gearing up to launch 5G in India, is also working on a budget 5G smartphone called the Jio Phone 5G.

The Mukesh Ambani-led company had previously launched the Jio Phone 4G as its affordable smartphone under Rs 10,000. With the 5G rollout nearby, the company will soon launch an affordable 5G phone for the masses. A new CounterPoint Research report (via) revealed that Jio is likely to launch its upcoming 5G smartphone below Rs 12,000. 

Jio Phone 5G Price Tipped

The CounterPoint report claimed that Reliance Jio aims to price its 5G phone between Rs 8,000 and Rs 12,000 as it gears up for 5G rollout. The strategy is similar to what Jio had used before the 4G phone’s launch, which was unveiled in partnership with Google and Qualcomm. 

“The two-prong strategy will be key to Jio’s growth and extend its leadership in the 5G era as well. Further, at some point in 2024, Jio will also be compelled to launch an affordable 5G mmWave+sub-6GHz smartphone as the cost deltas between the two have narrowed significantly from an overall BoM (Bill of Materials) fitting perspective,” the research firm said. 

At the Reliance AGM 2022, the company’s chairman Mukesh Ambani said that Jio will launch ultra-affordable 5G phones in partnership with Google. Ambani did not reveal any details about the pricing at the AGM.

Regarding 5G recharge plans, Jio is likely to price its 5G prepaid plans about 20 per cent higher than 4G packs. Jio was the highest bidder at the 5G spectrum auction, spending over Rs 88,000 crore to purchase bandwidth in various frequencies, such as 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands.

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Venkatesh is our in-house leakster. He has earned honorary mentions on some of the biggest tech publications like GSMArena PCMag, NDTV, and more. When not busy playing Football and digging substantial information on un-released devices, Venkatesh likes to take his bike for a ride and dabble into nature photography.