The LG Windows Phone has been on the rumor mill’s radar for some time now. But, according to a recent report, Verizon Wireless has apparently released the LG Lancet smartphone that runs on Windows Phone 8.1.

Without much ado, the LG Lancet has been released and interested readers can purchase this Windows Phone handset from Verizon’s official Website now. The Lancet is reportedly a budget-friendly device. However, Verizon has described the handset in an interesting way by saying – “Slim and stylish, the LG Lancet offers premium smartphone features but at a better value to meet a tight budget."

As far as the key LG Lancet specifications go, the device comes with a pocket-friendly 4.5-inch LCD display packed with a 480 x 854 pixels screen resolution. When it comes to hardware components, the smartphone is apparently powered by a 64-bit, quad-core (Qualcomm Snapdragon 410) processor clocked at 1.2 GHz and backed by a modest 1GB of RAM configuration. Speaking of memory specification, the device comes equipped with 8GB of internal storage capacity with a microSD card slot for expansion up to 128 GB.

Moving on to the camera configuration, the LG Lancet sports an 8MP rear-facing unit with LED flash, in addition to an inferior VGA shooter at the front for selfies. Other key LG-specific Lancet features include KnockOn, which allows the user to wake the handset by tapping the display twice. To top it off, this device supports LTE, apart from other standard connectivity. When it comes to size, the LG Lancet reportedly weighs 5.05 ounces and is 2.55-inch thick. Lastly, this Windows Phone 8.1-powered handset houses a 2,100mAh battery unit. And apparently, this battery is capable of providing up to 18.5 hours of talk time and 420 hours of stand-by time.

As for the LG Lancet price, Verizon is offering this handset for $19.99 under a contract. On the other hand, potential buyers can also opt for a contractless payment of $120 outright. Also it is worth noting that two other Windows Phone smartphones falling in the same category namely Samsung Ativ SE and HTC One M8 for Windows can be available for $99 under a contract, according to Phone Arena.

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