This morning, AT&T announced a new entry-level addition to its smartphone lineup, the Pantech Flex 4G LTE. Extraneous network tech acronyms aside, this phone actually seems to be a fairly serious offering on the budget end of the spectrum.

At just $49.99 on contract, even as someone who dislikes to notion of budget phones in general, the Flex really does look impressive on paper. A large-for-a-cheap-phone 4.3" qHD SAMOLED display accompanies the now near-ubiquitous MSM8960 dual-core processor, which should make for a legitimately speedy experience.