If you're looking for an LTE smartphone on a serious budget, look no further - MetroPCS may have just unveiled the cheapest LTE phone to date, in the form of the $150 ZTE Avid 4G. Yes, really, an LTE phone that costs $150. Color us shocked (well, as shocked as we can get about budget phones).
Of course, the Avid 4G is designed to also work with Metro's CDMA network, (thus that whole PCS business) so it won't do much good outside America's smallest national carrier.
The Avid 4G packs a dual-core 1.2GHz processor of some variety, a 4" 480x800 display, Android 4.0, and a 5MP rear camera.