Vodafone has announced a pair of handsets they are calling the cheapest mobile phones in the world. Both handsets, the Vodafone 150 and the Vodafone 250 are aimed at emerging markets and are manufactured by Chinese vendor TCL.

The Vodafone 150 will be just $15.00. You get a basic phone with a 1 inch 96 x 64 monochrome display, polyphonic ringtones, dual-band GSM, a currency converter, an alarm clock, 2 embedded games and a built-in “torch”. No camera but it does give you voice calls and SMS and a built in mobile payment service.

The Vodafone 250 is around $20. You get a 1.45 inch 128 x 128 color display, FM radio, wallpapers and all the same features as the Vodafone 150. Both the Vodafone 150 and 250 will initially be sold in India, Turkey, Qatar, South Africa, Lesotho, Mozambique, Kenya, Tanzania, Ghana and Congo where they will do the most good.

[Slashphone]