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  World's First Luxury Mobile Phone Company Launched
Time: 08:33 EST/13:33 GMT | News Source: Reuters | Posted By: Robert Stein

The world's first luxury mobile phone company was launched by Nokia (news - web sites) on Monday, offering hand-crafted cellular phones, adorned with gold or platinum, and costing more than $20,000. Vertu Ltd., a new independently run subsidiary of Nokia, will start selling its phone range at its stores in some of the most exclusive shopping areas in the United States, Europe and Asia by mid-2002, the company said.

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