Micromax-Vodafone bring 4G smartphone at under Rs 1,000

Micromax-Vodafone bring 4G smartphone
 at under Rs 1,000 

Micromax is banking on bringing possibly the lowest priced 4G smartphone in India, which may be priced at less than Rs 1,000, to take back its place amongst the top five players in the segment by the end of the year. 

The leading home-bred brand that, like its peers, has faced immense competition from Chinese brands which have taken all but the top of the five spots in the smartphone market, plans to launch Bharat 2 Ultra which from next month, with calling and data plan from vodafone. The effective price of the device will be Rs 999 as consumers buying the phone will get cash back over three years, bringing down their buying price from Rs 2,899.