Nokia launches Lumia 928 Windows smartphone exclusive to Verizon

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Flagship handset to go on sale from 16 May with up-front cost of $99.

Finnish handset maker Nokia Corp. announced Friday its newest high-end smartphone, which is exclusively for U.S. telecommunications operator Verizon Wireless.

The Lumia 928 will be available to Verizon customers from May 16 at a cost of $99 after a $50 dollar mail-in rebate, Nokia said. A two-year service agreement is also required.

The Lumia 928 is the third flagship device for the high-end mobile-phone market that Nokia has launched in little more than 12 months. The announcement was preceded by a teaser website earlier this week that gave the name of the phone, but no specific details.

The model features a 4.5-inch organic light-emitting diode, or OLED, display, a 8.7MP camera with a Carl Zeiss lens, and a 1.5GHz Qualcomm dual-core processor.

Nokia added that the Lumia 928 features three high-audio-amplitude-capture microphones and one of the most advanced loudspeakers available for smartphones.