Reliance Jio launched a new smart phone to add to its existing range of LTE-enabled 4G phones; the LYF WATER 10 variant priced at Rs. 8,699. It supports the usage of dual SIM cards and HD voice calling. This smart phone also comes with the Reliance Jio preview offer, allowing individuals to experience Jio services prior to its commercial launch.
LYF smart phone series
Reliance’s LYF WATER range of smart phones currently includes eight cellular devices namely WATER 1, WATER 2, WATER 4, WATER 5, WATER 6, WATER 7, WATER 8, and WATER 10. Additionally, LYF also boasts of the FLAME series, WIND series, and EARTH series.
The FLAME series is the most pocket-friendly and allows individuals to opt for 4G smart phones equipped with LTE technology at affordable prices.
LYF WATER 10 sports a 5-inch HD screen with pixel density of 294 ppi and is protected by Dongxu Glass. Running on a 1.3 GHz octa-core MediaTek MT6753 processor, it offers 3GB RAM and 16GB ROM in terms of memory. It can be expanded further up to 64GB with the help of a microSD card.
In terms of its camera offerings, the LYF WATER 10 has a 13MP rear camera equipped with two-tone flash while its front camera is 5MP. The smart phone is currently available in a black variant and runs on Android 5.1 Lollipop.
Operating on a 2300 mAh battery, the smart phone is expected to provide talk time up to seven hours and a 150-hour-long life on standby mode. In terms of connectivity options, the device supports EDGE, 3G, 4G, GPRS, VoLTE, Wi-Fi, Bluetooth, micro USB, USB OTG, and GPS.
Morgan Stanley report
Merchant banking leader Morgan Stanley reported that Reliance Jio’s 4G services are expected to touch the lives of 40 million Indian subscribers by the end of the next financial year. This will help the world’s largest start-up garner up to $2 billion in revenue.
The report stated that over $2 billion is expected to be generated as revenue during the fiscal year 2017-18. This will also help them have a market share of 2 percent in voice and 19 per cent in data, bringing them 6 percent overall revenue in terms of market share.
Reliance Jio’s user base is expected to witness an additional 40 million subscribers during the FY2017-18. On average, Morgan Stanley puts a value of Rs. 300 per user which would help the company immensely in terms of creating a positive cash flow for Jio 4G network. By 2019-20, the company expects to earn profits. In terms of investment, over $21 billion has been spent on helping the telecom arm takeoff.
By March 2017, Reliance Industries Limited (RIL) will undertake projects entailing commercial commission that amount to $50 billion. This move would help them create an average cash flow of $5 billion over the next three years.
Reliance Jio adds LYF WATER 10 priced at Rs. 8,699 to its existing range of 4G smart phones.