T-Mobile just announced the upcoming availability of the T-Mobile Prism, their latest budget friendly option for customers who are searching for their very first smartphone. T-Mobile says the Prism will be available with flexible pricing options including no annual contract as well as two-year contract plans.

The T-Mobile Prism is a 3G devices with a 3.5″ HVGA display running Android 2.3. “The Prism allows customers to enjoy variety of entertainment and Web browsing experiences including social networking sites and thousands of applications from Google Play.”

The T-Mobile Prism will be available at Best Buy locations beginning May 6th, Walmart retail stores on May 9th as well T-Mobile retail locations nationwide, T-Mobile.com and through selection dealers beginning May 23rd.

Full Press Release: 

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.