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Nokia launches 2 new low-end models | ASHARQ AL-AWSAT English Archive 2005 -2017
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HELSINKI (Reuters)-The world”s top mobile phone maker Nokia (NOK1V.HE) launched on Thursday two new low-end handsets, the 1110 and 1600 models, aimed at first-time users in growth markets like Africa.

Both models are expected to be in shops during the third quarter of this year.

The 1110 is expected to have a retail price of 65 euros ($79.65), while the 1600 is forecast to cost 85 euros, Nokia said in a statement from a press conference in Nairobi, Kenya.

The models include basic functions as well as a speaking clock. The 1110 has an inverted black and white display while the 1600 has a color screen.

Nokia said expects the African subscriber base to reach 100 million by the end of this year and to double to 200 million by 2009.

&#34The number of new mobile users in fast growing markets continues to rise dramatically and nowhere is the rate of growth more evident than in Africa,&#34 Juha Pinomaa, a vice president of Nokia”s mobile phones unit, said in the statement.