| Mukesh Ambani has announced ab 'effective zero price' offer for the JioPhone under which interested users will have to pay a refundable security deposit of Rs. 1,500, which can be refunded after 3 years. Ambani during the 40th AGM stressed that the JioPhone will be available to customers at an effective price of Rs. 0, considering that they can collect the entire security deposit after 36 months. "The security deposit is necessary to avoid any potential misuse of data," said Ambani. We can expect more details to follow soon. Ambani confirmed that there will be 5 million JioPhone units that will be available every week for customers in India. | 
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