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No surprise here, but T-Mobile has been prepping a low-end Android phone called the Prism for quite some time now, and it's finally time for the little guy to make its official debut. With a 3.5-inch HVGA display, 3.2MP fixed-focus camera and Android 2.3 (Gingerbread), it won't be the stuff dreams are made of. The CPU is also unspecified, which leads us to believe that T-Mo is leaving it out of the talking points for a reason -- yesterday's leak indicated that we can expect it to be 600MHz. That said, plenty of potential buyers wanting an inexpensive smartphone may be easily persuaded by its $20 price on contract (with a $50 mail-in rebate) or $150 without any sort of commitment. The Huawei-made Prism will make its first appearance at Best Buy on May 6th, followed by Walmart on the 9th and official retail channels on the 23rd. We have a press release awaiting you after the break, so take a peek if it interests you.

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T-Mobile Introduces Its Latest Budget-Friendly Smartphone: T-Mobile Prism

Built for first-time smartphone customers, the new Android device is expected to be available starting May 6.

BELLEVUE, Wash., - May 2, 2012 - T-Mobile USA, Inc., today announced the upcoming availability of the T-Mobile® Prism™, the latest budget-friendly option for cost-conscious consumers looking for their first smartphone. The T-Mobile Prism will be available to T-Mobile customers through flexible pricing options, including no annual contract paired with a T-Mobile Monthly4G™ plan or paired with a two-year T-Mobile Classic or Value plan.

Powered by Android™ 2.3 Gingerbread and featuring a 3.5-inch HVGA touch screen, the new 3G smartphone enables T-Mobile customers to easily surf the Web, access their favorite social networking sites and choose from thousands of applications to download from Google Play. The T-Mobile Prism also makes it simple to capture and share photos and videos via its 3.2-megapixel camera with digital zoom and video recorder. With the T-Mobile Prism, customers can sync multiple email accounts, including Microsoft Exchange, Google calendar and contacts, T-Mobile contacts, and more.

The T-Mobile Prism is expected to be available at Best Buy starting May 6, at Walmart starting May 9 and available nationwide at T-Mobile retail stores, online via www.T-Mobile.com and at select dealers beginning May 23. The T-Mobile Prism is expected to cost $19.99 after a $50 mail-in-rebate card with a two-year service agreement and qualifying Classic voice and data plan or $149.99 via no annual contract.