Largest telecom operator of India, Bharti Airtel is in talks with multiple handset makers to bring a 4G smartphone for a price as low as Rs 2,500-2,700 to take on Reliance Jio. While Mukesh Ambani-led Jio has announced plans to offer Internet-enabled feature phone for a refundable deposit of Rs 1,500, Airtel is placing its bet on a full-fledged smartphone as it believes people would be ready to shell out a little more to get a loaded handset.

A source familiar with the development said the new 4G smartphone – that will debut around Diwali – will come bundled with Airtel’s 4G connection and ‘attractive’ data and voice plan to woo mass market customers. The planned dual SIM 4G smartphone will sport a four inch display, dual camera, VoLTE calling and a longer battery life.

The Android handset will come with 1 GB RAM, said the source who wished not to be named. He, however, did not say when the phones would be available for booking. Reliance Jio had, in July, announced that formal bookings for Jio Phone would open on August 24, while the phone itself is expected to be available from September. According to industry estimates, six million bookings have been recorded for JioPhone, that offers free voice calls and sms for life.