Cheapest 4G devices offered by Micromax @ Rs 4,999

, Business Hour

Economic Times: Yu Televentures is taking a huge risk with its cheapest 4G smart phones with an expectation to sell more than 2 million handsets by the end of this year. Yu Televentures is owned by Micromax.

Co-founder of Micromax and Yu, Rahul Sharma said that the company will start offering more services which it has gotten hold of through strategic investments. He also threw some light on the progress of Yu Televentures and competition in the market along with its future investment areas.

In order to cater the needs of internet users and increase their number in total, Micromax owned Yu Televentures is looking forward to offer affordable devices which can empower it with good user experience. And Micromax is providing that opportunity to numerous people via Yu Televentures at a reasonable rate of Rs 4,999.

When it comes to 3G devices, Micromax has 70 million out of its 800 million wireless users. With its new 4G launch, Micromax is promising to offer 10 times faster speed of internet. Along with launching entry level smart phones, the company will maintain its focus on the developer community. In order to strengthen company’s focus more on the community, Rahul Sharma is looking forward to launch new devices to serve this purpose.

After selling more than a million devices in Indian market, the company is still hoping to sell up to half a million units of Yunique on Snapdeal before Diwali.

Further, Micromax is also planning to invest in the area of shopping, entertainment and Music. Company is already in advanced talks with startups who would be interested to work in these areas. The amount decided to be invested in these startups ranges between 0.5 million and 20 million dollars. Under it, company will be offering such services which would be integrating services of various companies. Investment after that would be focusing upon developing a complete network of services.

Micromax is still importing devices from China. By next year, it would make majority of its phones in India. Entire Yu range is being made in India.


Comment List

  • umang sonare 16 / 10 / 2015 Reply


  • umang sonare 15 / 10 / 2015 Reply

    nice handset

  • Chirag 05 / 10 / 2015 Reply

    got this beast

  • Rupesh 04 / 10 / 2015 Reply

    A budget smartphone with nice set of specification under 5k .

  • Chintan 02 / 10 / 2015 Reply

    Waiting for the launch of #YU5050

  • Yatharth Manocha 30 / 09 / 2015 Reply

    4G support plus Latest Cyanogen support in just Rs 4999/- is actually worth buying!!

  • prakhar asthana 26 / 09 / 2015 Reply

    great product.

  • Krishna Verma 26 / 09 / 2015 Reply

    amazing phone for 5k with full hd display and 4g support.

  • Praveen Raj 26 / 09 / 2015 Reply

    best mob under 5k

  • Nishikant Tyagi 25 / 09 / 2015 Reply

    the features provided are amazing for a phone under 5k! cant wait to have one.


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