A new Android Smartphone has been released by the phone carrier, Virgin. This new one is called the ZTE Supreme and it will cost only $299 on a no contract plan with monthly installments of $35 until paid off.

The Supreme is a good deal considering it has 4G and LTE on board. Having said that, it may struggle a bit because it’s main competition, the Nexus 4, has just seen a price drop. Reasons for the drop are not yet known to be related.

This ZTE will have a 1280 x 720 5-inch display, 1.5GHz dual-core processor, as well as an impressive 13 mega pixel rear facing camera. It is expected to be coming to Android 4.1.2 jelly Bean right out of the box.

You can check it out in the image below, and also from the official Virgin website.

Here is what the official press release says:

Virgin Mobile USA has added the oh so powerful Supreme™, a 4G LTE Smartphone that packs in many of today’s must-have features including the latest version of Android™ 4.1.2. Jelly Bean. This device is priced at $299.99 and is available online only with Virgin Mobile’s no-contract Beyond Talk monthly unlimited data and messaging plans starting at $35.

With up to 15 hours of talk time, the class-leading battery life on Supreme means you can click, call, play games or watch videos longer than before. Equipped with a 13MP camera and HD video recorder, Supreme allows you to point and shoot like a professional. Supreme also comes with a powerful 1.5GHz dual-core processor.

This device is great for Gamers! Supreme  is equipped with a large 5-inch HD 1280 x 720 IPS display with break-resistant LCD and a 2,500 mAh removable lithium-ion battery that greatly enhances play time. Supreme also comes preloaded with EA Mobile’s Real Racing 3, including officially licensed tracks, an expanded 22-car grid, and more than 45 meticulously detailed cars from makers like Porsche, Lamborghini, Dodge, Bugatti and Audi. Racing with friends gets kicked into another dimension with the reality-bending Time Shifted Multiplayer™ (TSM) technology.