Dial-a-Phone has the scoop today on a coin operated mobile phone designed to cut spending in the credit crunch.

The phone is codenamed the 100-F from a Latvian manufacturer, new to the mobile phone market, called Lirpa. It seems bizarre, but the phone design has been inspired by the global credit crunch (which must have reached Latvia too), and works as either a coin-operated or credit/debit card mobile. The UK variant will have a £1 coin slot for calls and a 10p slot for texts.

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Coin operated mobile phone for the credit crunch

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Coin operated mobile phone for the credit crunch