Nokia today announced the launch of the Nokia 101 and Nokia 100 phones, its most affordable phones to date.

The Nokia 101 is Nokia's fifth dual SIM device in the last three months and is the most affordable to date. The dual SIM functionality enables users to connect to two different networks to receive calls and messages.

The Nokia SIM manager allows users to select which SIM card to use to make a call or send a text message helping them manage costs and maintain network coverage without needing several phones. In addition, the SIM manager allows users to store the settings of up to five SIM cards on the phone, and to personalize them by assigning names and logos for each SIM setting.

In addition to an FM radio, the Nokia 101 features an integrated MP3 player and a 103 phon loudspeaker, and provides support for up to 16 GB microSD memory cards.

The Nokia 100 is perfect for people looking for durability and simplicity as well as affordability when making calls and sending text messages. The Nokia 100 is Nokia's most affordable color display phone, and people can enjoy its new grid-based menu system with easy-to-read icons. Furthermore, the Nokia 100 features an FM radio, enabling users to tune into their favorite music stations, whether on-the-go or at home.

Both the Nokia 101 and Nokia 100 offer Nokia Life Tools (selected markets) and Nokia Money (in India), providing instant access to locally-relevant information on healthcare, education, agriculture and entertainment.

The Nokia 101 will be available in the third quarter of 2011 for about 25 euros (USD 35) and comes in Phantom Black and Coral Red.

The Nokia 100 will be available in the fourth quarter of 2011 for about 20 euros (USD 30) and comes in a range of colors.