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Reliance Jio-Apple Offer: What It Holds For You

With the Apple deal, Jio wants to tap high-end users.
With the Apple deal, Jio wants to tap high-end users.

Mukesh Ambani-led Reliance Jio has teamed up with Cupertino, US-based Apple in order to garner more users for its telecom network. The two companies recently announced their partnership in which Jio offered to buy back the new models of iPhones at an attractive price. If customers who buy Apple's iPhone 8/ iPhone 8 Plus/ iPhone X models, recharge with Jio for a plan worth Rs 799 every months, Reliance will buy back the high-end phones after 12 months. In return, customers will get 70 per cent of the price of their iPhone. But can this offer really boost the presence of  these two companies in the debt-laden telecom market of the country?
 

Here are 10 things that you must know about this offer from Apple and Reliance Jio:

With Reuters Inputs