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India clings to cheap feature phones as brands struggle to tap new smartphone buyers | TechCrunch

India clings to cheap feature phones as brands struggle to tap new smartphone buyers | TechCrunch

India, with around the world's second largest smartphone market after China 750 million usersThe new smartphone is struggling to gain buyers, as it is difficult for the average person in the country to afford a brand new smartphone. Instead of switching to a new smartphone, millions of Indian consumers prefer to continue with their existing […]

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Jio Financial unit to buy .32B of telecom gear from Reliance Retail | TechCrunch

Jio Financial unit to buy $4.32B of telecom gear from Reliance Retail | TechCrunch

Jio Leasing Services Ltd (JLSL), a subsidiary of Jio Financial Services, plans to buy customer premises equipment, appliances and telecom equipment worth $4.32 billion from Reliance Retail in the next two financial years, according to a. Postal ballot notices (PDF) sent to shareholders for approval of the deal. JLSL is entering the business of operating […]

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