Nokia To Re-Launch Nokia 3310. Will this be another failure?

Nokia 3310 by Techknow.com.ng

Since Nokia are so clueless of what to produce anymore, they have come up with an idea of reproducing Nokia 3310 the most famous and one of the first mobile phones in Nigeria.
Nokia 3310 was first launched in 2000, the almost indestructible phone will be revealed at the Mobile World Congress later this month.

The phone is Rumoured to be sold for €59 which is #10,066.11. Is this perhaps another future failure for Nokia because nobody will buy Nokia 3310 for ten thousand Naira unless it came with an everlasting battery, let's wait and see what Nokia is really up to, i will keep you posted.