Airtel, Idea shares tank as Jio unveils new 4G feature phone
Shares of telcos Airtel, Idea, and Vodafone, tanked on Friday after Reliance Jio announced the launch of its data-enabled feature phone, which will effectively cost â¹0 with one-time refundable security deposit of â¹1,500. Airtel fell 4% during intraday trade, while Idea sank by 7.3%. JioPhone will be available for beta testing from August 15 and for pre-booking from August 24.