It seems Microsoft has yet another budget Lumia in the pipeline. Telecom authorities in Brazil have granted a licence for the Lumia 435.
It's the first Lumia in the 4xx series and will we'll take a guess it will be priced around £60.
The 435 will have a 4" screen and a 5MP rear camera and will run Windows Phone 8.1 Denim.
Microsoft is still struggling to get a firm foothold in the smartphone market and any headway that is being made is in budget devices.
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