Microsoft, on Monday announced the availability of its latest Lumia 550 4G smartphone in selected markets of Europe. The company also announced that the handset will be available to buy in other markets in the coming weeks. The handset measures 136.1x67.8x9.9mm and is available in Black and White colour variants.

Microsoft Lumia 550 is priced at $139, i.e. roughly Rs. 9,100. Lumia 550 is the company's cheapest smartphone running Windows 10 Operating System. With Windows 10 Mobile, the Lumia 550 packs features such as the new Microsoft Edge browser, revamped Outlook mail, OneDrive, Microsoft Office, Cortana digital voice assistant, and Glance Screen, which lets users see notifications without fully unlocking the smartphone.

Lumia 550 features a 4.7 inch HD display in 720x1280 pixels resolution with a pixel density of 315ppi. It is powered by a 1.1GHz quad-core Qualcomm Snapdragon 210 SoC and 1GB of RAM. The device comes with 8GB internal storage that is further expandable up to 200 GB using a microSD card. The handset comes equipped with a 5 megapixel autofocus rear camera with HD video recording, LED flash and also houses a 2 megapixel front camera.

The Lumia 550 features 4G LTE connectivity and is claimed to support download speeds of up to 150Mbps and uploads of up to 50Mbps. For connectivity Lumia 550 includes - Bluetooth 4.1, USB 2.0, Wi-Fi 802.11 b/g/n with hotspot functionality, FM radio, and A-GPS. The device is power backed by a 2100 mAh battery, which is rated to deliver up to 28 days of standby time, 16 hours of talk time on 2G, 14 hours on 3G, and 17 hours on 4G. It also features ambient light sensor, accelerometer, and proximity sensors.