Reliance Jio's new feature phone offering? How do brokerages view

Reliance Jio (RJio), the telecom arm of Reliance Industries launched entry-level 4G featured 'JioBharat' phones priced at Rs 999 (below most 2G-featured phones). Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term.
 

RJio's JioBharat phones are intended to cthe telecom arm of Reliance Industries launched entry-level 4G featured 'JioBharat' phones priced at Rs 999 (below most 2G-featured phones). Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term.

the telecom arm of Reliance Industries launched entry-level 4G featured 'JioBharat' phones priced at Rs 999 (below most 2G-featured phones). Brokerages estimate that the launch of 'JioBharat' phones could disrupt the 2G market, and delay the tariff hike discussions in the near-term.