Nigel Waller
CNN has an interview up with Nigel Waller, the CEO of Movirtu Limited and the man behind their Cloud Phone, writes Core77.

Waller dropped the surprising statistic that worldwide there are one billion people who use cell phones–but don’t own one; instead they share, borrow or rent them.

The Cloud Phone was intended to serve this market. At first Waller tried to create a cell phone that could be manufactured for just $5 so that everyone could afford one, but he couldn’t pull it off.

Instead Waller went with a $25 phone, but designed it so that a village of users could share it while still maintaining individual phone numbers accounts on a single phone. Activation cost? Just 10 to 20 cents per person.

Read the full interview, which is filled with interesting insights on how the other half uses their phones.