India is one of Nokia's biggest markets and the Finnish telecom major has provided the lower segment buyers with a lot of useful noteworthy features, one instance being Life Tools.

Reports now claim that the mobile phone major is looking at launching a Rs. 500 mobile phone for the rural markets. Armed with Life Tools and just the very basic features Nokia could in all probability be able to pull off its $10 or Rs. 500 mobile phone.

Do you think this will come to fruition and if it does do you think it will be a successful initiative? Let us know in our comments section below.

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