Smart’s flagship Netphone unit, the Netphone 701, is now on fire sale at just Php4,999, almost half the original price of Php9,990.
The Netphone 701 is the first and only Netphone-branded handset that Smart carried when they promoted the SmartNet ecosystem.
Since then (September 2011), they did release any new device with the Netphone brand. Instead, they came out with Netphone Edition handsets like the Galaxy Y and Desire S.
The Samsung Galaxy Y, with its suggested retail price of Php5,990, became a very popular handset especially with the Smart Plan 349. The unit was so in demand that most stores were selling it above the SRP (around Php1,000 more), a very rare case and a result of demand exceeding supply.
Now, it looks like Smart still has remaining inventories of the Netphone 701 that they want to get rid of and the best way to position it is to price it just below the Galaxy Y. Smart move.
You can read the review of the Netphone 701 here.