This has been rumored previously and even Lei Jun has said that price has been his goal.
Will it make an appearance at CES too, along with the Mi 5 flagship phone?
Will this phone wind up in America? How many people would jump on a below-US$99 smartphone? I think many. Especially since Xiaomi phones are amenable to rooting and other mods.
T-Mobile is holding an event today. Will there be any mention of Xiaomi or new phones to come?
Previously here:
Rumor/Leak: US$65 Xiaomi Smartphone
Xiaomi Smartphones: US$65 Target Price
Mike Cane’s xBlog 
I am sure they will put there their awful 5+” display.
If only it were 4,3″!