I suspect that a plastic item with a molded and painted Autobot logo and Transformers stickers on it is not going to turn out to be unique. Haven't seen it before myself though, nor does the idea of a wrist worn radio ring any bells, so it may be relatively rare.
assembling a Neo-G1/TF:TM cast. Please PM if you have (or know of) the following at a reasonable price: Classics or Henkei Astrotrain, Ramjet, Sunstreaker, Sideswipe, Blurr, or 3rd Party Motobot Arcee, iGear Ratchet and Ironhide.
Also looking for Universe Repugnus and Overbite, Frostbite and Longhorn and any Webdiver toys.