The number of 4G phones being used is expected to rise to 100 million by October from 70 million now.
In India, Samsung launched the dual-SIM variant of Galaxy Note 7 at Rs. 59,900, and took pre-orders till August 30.
As part of the way forward plan, Lava will also explore opportunities to set manufacturing facilities and assembly units in Egypt.
It wasn't just the newsrooms or marketing gurus that took note of the market breaking offers, common people were also going gaga over the announcements.
"With this Jio and Reliance Digital have ensured that entry price for using the Jio network is affordable for all Indians," Ambani added.
The Chinese internet ecosystem company will start with making 60,000 Le 2 smartphones on a monthly basis, from a 200,000 sq ft assembling facility in Greater Noida.
In November 2009, Japan's largest mobile phone firm NTT DoCoMo acquired 26.5 per cent stake in Tata Teleservices for about Rs 12,740 crore.
Online remains a growing and an important channel for smartphone marketers with potential to expand given the still low Internet penetration in the country.
Smartphones grew by 19.5% on-quarter to 28.7 million units while featurephones outdid smartphone growth as its shipments rose by 27.7%, to 37.3 million units.
A sector expert familiar with Intex’s operations said planning has almost come to a standstill for two to three months, with no new significant model in the pipeline.
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