China-Africa: MTN explores China in search of $40 smartphone
MTN Group will soon be offering high-end smartphones for less than $40. The Group has dispatched engineers to China to find mobile phones that can also be sold for $10 in Africa.
Nigeria exchange news today quoted an unnamed spokeswoman for the group as saying, “MTN is investigating the possibility of introducing ultra low cost devices that will break new industry price points as a means of fast-tracking mobile telephony accessibility on the continent. By removing handset cost barriers that remain traditionally higher than expected, MTN will be able to interconnect as more people in its region than ever before.”
This comes two weeks after Nokia announced its plans to sell a $32 phone. Chinese handset makers such as ZTE have been eating into its share, particularly in Africa.
Launched in 1994, MTN Group has grown into a multi-national telecommunications company with a proven track record of technological innovation and corporate culture that thrives on challenge.
MTN Group is rapidly achieving its vision of becoming the telecommunications leader in emerging markets. The company operates in 21 countries in Africa and the Middle East.
(ITNewsAfrica)