Budget-friendly Nokia 3 V arrives at Verizon on August 23

The first details about a Verizon-bound Nokia smartphone emerged for the first time back in March, but no word on the budget-friendly smartphone popped up in the meantime. Out of nowhere, HMD Global announced earlier today that its Nokia 3 V smartphone will be available for purchase from Verizon on August 23.

The Nokia 3 V will be exclusive to Verizon, so this is the only place where you'll be able to grab the phone for just $168. Also, customers can purchase the smartphone for just $7/month for 24 months via a device payment plan.

For that price, Nokia 3 V offers a decent specs list, which includes a massive 6.2-inch HD+ display, a Qualcomm Snapdragon 429 processor, coupled with 2GB RAM and 16GB internal storage. Also, the entry-level smartphone ships with Android 9.0 Pie right out of the box, and features a dedicated Google Assistant button.

Both companies confirmed that the Nokia 3 V will receive a year and a half of monthly security patches and two OS upgrade guaranteed, so you can't go wrong if you buy this smartphone because it comes with the latest version of Android, as HMD will keep it up to date for the next year or so.

The 3 V is the second entry-level Nokia-branded smartphone launched by Verizon this year after the Nokia 2 V, which is exclusive to the carrier's Prepaid portfolio.