The phone was added in the 1.2.0 update. Prior to this update, a button used to access Daily Challenges was in the place where the CPI Phone button is currently located.
In 1.8.0, Island Live was added to the phone. It contains various features:
Daily Win Spin: Displays the Daily Win Spin, which allows the player to spin and win a prize once per day. If a reward has been received for the day, this section will still appear, but at the bottom of Island Live, and cannot be interacted with.
Shop sale: Shows information about sales at shops if one is occurring.
Featured: If there is no event occurring, an activity is displayed instead, with a "GO!" button. If the button is pressed for any of these featured activities, that feature will never be displayed for the player again.
Daily Challenges: Displays Daily Challenges. If a player completes all five challenges for the day, they can also receive a bonus of 50 coins, although this bonus is only possible with membership.
Adventures: If the player is on an adventure, it will display the name of the adventure and the next task the player must complete. If this is active, the daily challenges section will not appear. If the player is not on an adventure but has unlocked adventures that are not yet completed, it will display an uncompleted adventure, and the rewards received from it. If this is the case, the Daily Challenges section still appears.
Live events: Displays a countdown that shows the time until a mini-game on the island will start, and also provides a "GO!" button. The possible mini-games that can be shown are the Crate Co. target game, Team Dance Battle, Tilt-o-Tube, the Boardwalk trampoline, and Tube Racing. Once a displayed mini-game starts, it changes to display the countdown to a different mini-game.
Events: Shows ongoing events, such as parties or new Disney Shop additions. It also displays the duration they occur, and a "GO!" button to transport the player to wherever the event is occurring.
Level rewards: Displays the experience bar of whichever rank is closest to reaching the next level, and suggests methods to gain XP corresponding to that rank. It also shows which level pack will be received next, and a few sample rewards from the pack. This will not appear if the player is at max level.
Featured, event, and live event messages
These are the messages displayed for those respective sections of Island Live.
Holiday Party Throwing a giant holiday feast will take the whole community! Dec. 6-Jan. 3
These items are displayed in the level reward section of the phone. Levels 22 and 23 display the same rewards, a decal from the former and two blueprints from the latter, and levels 25 and 26 both display a decal from level 24. No rewards from level 27 are shown.