The Lumia 550 has just been announced for Europe, and the Carphone Warehouse already has the handset in stock ready to ship.
The retailer is offering the smartphone for only £59.99 for those upgrading, or £69.99+£10 credit for new buyers.
The handset is also available on contract from £9.50 per month.
The device features a 4.7 inch HD screen, Quadcore Snapdragon 210 processor, 5 megapixel rear and 2 megapixel front-facing camera 1 GB RAM, 8 GB storage and is 4G enabled.
The handset is available in Black and White (exclusive to CPW) and on the Vodafone and O2 networks.
See the handset at the Carphone Warehouse here.