The World's Cheapest Mobile Phone for Less Than $20

Spice Corp Ltd., a leading Indian telecommunications company, showcased at the Mobile World Congress in Barcelona, Spain, the world's cheapest handset, dubbed the "People's Phone".
This new device comes without a display and it's clearly targeted for those who only want to make phone calls and do not care for other features.

The People's Phone is "just a phone", similar to a landline phone in functionality but having the advantage of being mobile and using GMS networks. The device will retail for a price of less than 20 USD (about 12 Euro) and its producer hopes to sell millions of units in India (plus other Asian markets) after its launching, planned for March 2008. The handset will also come with low calling rates, making it perfect for new low-budget mobile subscribers that come from small towns and rural areas