Verizon announces its first Windows based phone for the year 2015 with the launch of LG Lancet for $69.99 on a two-year contract.

Verizon has finally added a Windows phone to its portfolio for the calendar year 2015, with the launch of the LG Lancet. Primarily aimed at budget buyers and first-time users, the Lancet is now up for sale for $69.99 on a new two-year contract, while its outright purchase price is $120. Interested buyers can also avail an installment plan, paying a sum of $5 every month for a period of 24 months.

Given the price of the device, one can’t expect top-notch specs on the smartphone, though they do seem to justify its price tag. The smartphone gets a 1.2 GHz Qualcomm Snapdragon 410 SoC, while juicing it up would be a 2100mAh battery. Other notable specs on the phone include a 4.5-inche display with a resolution of 854 x 480 pixels and 8GB of internal memory expandable via microSDXC.

Optics on the smartphone include an 8MP rear camera along with a front VGA cam, while connectivity options on the phone include 4G compatibility along with Wi-Fi 802.11 b/g/n. Meanwhile, LG has added a few minor tweaks of its own to the OS, bringing features like Knock On, Gesture Shot and QuickMemo.

The Lancet – exclusive to Verizon – can be pitted against the likes of Lumia 635, as they largely share the same set of specs, barring the slightly beefier battery and the camera unit, though Lancet costs twice as much compared to the Lumia 635.

It’s also worth mentioning the fact that Lancet is only the third Windows based smartphone in Verizon’s lineup except the Lumia phones, the other two being the One M8 for Windows along with Samsung’s ATIV SE, which suggests that the carrier isn’t really excited about its Windows lineup. Reportedly, it also has a thing for suddenly dropping phones running the tiled based OS from its portfolio, which can take a toll on users when a new update arrives.

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