The 999 yuan 5G mobile phone was considered to have reached the price bottom line, but Indian operators decided to break this record.
The operator is Reliance Jio from India. Its parent company is the Reliance Group of India, which is one of the largest groups in India. Telecommunications is its core business. The head of the family is Mukesh Ambani, the current richest man in India.
In July this year, Mukesh Ambani also announced that his Jio platform engineers have designed and developed a complete 5G system from scratch, which can be tested once the spectrum is available and is expected to be deployed on site in 2021.
Reliance Jio's cheap 5G mobile phone is expected to be released within a year, priced at only 5,000 rubles, or about 450 yuan.
However, the company plans to further reduce the price of mobile phones, which is expected to be further reduced to 2,500 to 3,000 rubles in the future, with the lowest price being just over 220 yuan.
So far, the operator has not released specific indicators for low-priced 5G phones.
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