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Reliance to Source high-end LTE smartphones

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Reliance Retail, the retail arm of Reliance Industries Ltd. (RIL), is planning to source around 3 lakh high-end Voice over LTE (VoLTE) equipped smartphone units from Chinese handset maker ZTE as its sister company Reliance Jio nears a commercial launch of high-speed 4G LTE services in the country.

ZTE has so far provided 3 lakh VoLTE smartphone units to Reliance Retail, which re-branded under these devices as LYF branded smartphones, a person involved in the matter said. Besides ZTE, Reliance Retail is also sourcing VoLTE smartphones from other Chinese original device manufacturers (ODMs) CK Telecom, Wingtech, and Tinno Mobile, which are among the top five ODMs globally. These vendors are providing sub-Rs 10,000 smartphones, along with some high-end smartphones to the company. Read more

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Sweekar S

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