This is not the first time we are hearing about these phones. Both the phones have been leaked back in April and since then they have been in the news.
Nokia 125 and Nokia 150 Specification Overview
Both the phone come equipped with a 2.4-inch QVGA (240 x 320 pixels) TFT LCD colour screen display. The body is made out of polycarbonate which is common in the feature phone segment. Powering the devices is a MediaTek processor coupled with 4 GB of internal storage.
The devices are backed by 1,020 mAh removable battery and support charging via MicroUSB. Sadly, there is no 3G support on the devices. While the Nokia 150 sports a rear VGA camera, the Nokia 125 doesn’t have one. Both have an LED flash and support for FM radio. Both devices offer some colour options. While the Nokia 125 comes in White and Black colour options, the Nokia 150 is available in Blue, Red, and Black. Source