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THURSDAY, FEB 14, 2008 Blog-This News Item!

India unveils 'people's phone' for £10

India has already built the world's cheapest car — the £1,200 Tata Nano — now the country has delivered the telecoms equivalent: the £10 "people's phone".
The mobile handset, developed by Spice, an Indian conglomerate listed in Bombay and worth £1 billion, is angled at the lowest end of the market.
This means that it has jettisoned all "non-essential" features — such as a screen.
"It is just a phone," Bhupendra Kumar Modi, the Spice chairman, who hopes to sell about ten million in the next year, confirmed. ...

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business.timesonline.co.uk

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