Nokia aims new cheap phone at emerging markets

Mobile phone giant Nokia said Wednesday it was expanding its range with a new handset to sell cheaply in rapidly growing emerging markets, reports News.com.

"The Finnish group said the folding 2652 model would have an estimated retail price of 100 euros ($121) and be sold from next month in China, the Middle East, Africa and Europe.

"In these markets, affordability of mobile communications for subscribers is the key factor," it said in a statement."

emily | 6:09 PM | News, Buzz |
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