Motorola to sell phones for less than $40 in emerging markets, by Lucas van Grinsven
Tuesday, March 22, 2005
Motorola will enter emerging markets with ultra low-cost mobile phones aimed at 3 billion consumers who cannot yet afford to make wireless calls, the U.S.-based handset maker said on Monday. The phones will be available for less than $40 and the company aims to sell 6 million units in the six months from April to September, said the GSM Association.
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