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Chief Regulatory Officer at CSE Renuke Wijayawardhane presenting the listing certificate to Executive Chairperson at Renuka Hotels Shibani Thambiayah

January 22, 2007 (LBO) – Motorola Inc plans to introduce a low budget handset next month to popularize the use of cellular phones among less affluent people, officials said Monday. As at end last year, bank estimates around 5.8 million people were connected to the local cellular network.

Updated-weekly sales

Sri Lankans can pick up a MotoFone F3 at 5,000 rupees, which comes equipped with 8 hour talk time and two-week standby time, the world’s second largest mobile phone operator told reporters.

The F3 boasts number of features such as a high quality speaker that is designed to be clear and loud, a display using a concept call electronic paper that consumes less power and clearer.

“The phone has voice prompts,” Robert Gagnon Managing Director Motorola’s Mobile Devices in Emerging Markets said.

A voice prompt makes it easier for first-time users to navigate, place a call and retrieve messages, he explain