The Acer Iconia Tab A501 is all set to hit the market with AT&T's 4G HSPA+ network. The carrier has announced that the 16GB model of the tablet will debut next Sunday, with a price tag of $330 after a two-year contract, or at $480 without a contract.

After purchasing the Acer Iconia Tab A501 at AT&T with the 2-year contract, customers will have two options - they can either choose a monthly plan, or a pay as you go plan costing $15 for 250MB or $25 for 2GB of transfers.

The 10.1 inch tablet will run on the Android OS to the Honeycomb 3.2 version. Thanks to the HSPA+ technology with enhanced backhaul, the newest member of the Acer Iconia family of tablets will get up to 4x faster data transmission.

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The Acer Iconia Tab A501. Credit: Acer

Featuring a high-gloss finish, the A501 would also be available in alpine silver brushed metal aluminum frame, weighing a total of 1.689 pounds and measuring 10.24(w) x 6.97(d) x 0.52(h)-inches.

It offers 1280×800 resolution with TFT WXGA display, coupled with a 16:10 aspect ratio. It also offers support for an 80-degree viewing angle.

Powered by a 1GHz NVIDIA Tegra 2 mobile dual-core processor, the A501 integrates GeForce GPU, a 5MP rear-facing camera and a 2MP fixed-focused front-facing webcam. The tablet offers 1 GB DDR2 RAM. Its other key features include Dolby Mobile audio technology, an HDMI port, a MicroSDHC slot, microUSB port, a full-size USB port, built-in GPS and a six-axis motion sensor meter control.

The Acer Iconia Tab A501 comes with two 3260 mAh Li-polymer batteries that are expected to provide up to eight hours of playback for casual games, eight hours of HD video playback and 10 hours of Wi-Fi Internet browsing.

The tablet comes pre-installed with Acer LumiRead and Google Books eReading apps. Customers can connect to Wi-Fi networks via Acer InviLink Nplify 802.11a/b/g/n Wi-Fi wireless technology.

The device also features Acer clear.fi, which connects with any other DLNA-compliant device to quickly and easily share digital media. It automatically detects clear-fi-enabled devices on the wireless home and gathers and organizes media files by type.