Reliance Webstore has tied up with Coolpad Communications, a subsidiary of Hong Kong-based China Wireless Technologies.
The phones will be offered through Reliance World and Reliance Mobile stores across the country in stages, Circle Head, Seshadri Ramaswami, told reporters. “The dual-mode smartphones will leverage Reliance’s nationwide presence in both CDMA and GSM services. Coolpad 2938 smartphone will be immediately available”.
There are separate calling keys and this allows selection of the preferred network and the option to make both networks function simultaneously. FM radio, multiple mode music players and GPRS/ Bluetooth connectivity are the other features. Coolpad 2938 is priced at Rs. 10,999.
Mr. Ramaswami said “We expect 30 per cent of sales from the Coolpad handsets. We plan to invest Rs. 400 crore over the next year to create more stores and revamp existing ones. Reliance has the record of having sold 1.5 million handsets across all outlets in one week”.
Coolpad’s Managing Director Sami Al-Lawati said while there were no immediate plans to shift manufacturing of phone from China to India, by 2011, there would be a significant R & D set up in India.
