Report: Nokia Lumia 1020 To Cost $299 On Contract And $699 Without Contract, 64GB Version Exclusive To Some Carriers

We pretty much know everything about Nokia Lumia 1020 including specs, color variants, etc, before Nokia will be announcing the same in a press event later today. WPCentral revealed about the pricing and SKU of Nokia Lumia 1020.

The Nokia Lumia 1020 will cost $299 on contract and $699 without contract in US. And AT&T will have only 32GB version of the device.

Telefónica has reached an agreement with Nokia to sell 64GB version of Nokia Lumia 1020 that will allow you to store upto 4,000 images or 6 hours of very high quality Full-HD video through its networks O2, Movistar and Vivo in European and Latin American markets.

Read full press release regarding Telefónica after the break.

Press Release:

Telefónica today announced a global agreement with Nokia to sell Nokia Eros 64 Gb exclusively to Movistar, Vivo and O2 customers in Telefonica markets during 2013. The smartphone will be launched this September.

This announcement is part of the Telefónica strategy to reinforce the smartphone portfolio and increase the ecosystem offer for their customers. Telefónica will actively promote Nokia Lumia Eros 64Gb, as part of Telefónica iconic smartphone offering.

Nokia Lumia Eros brings stunning innovations only found in the SLR cameras so far, like a 41 Mpixel sensor, 6 lenses, and high resolution zoom. Taking excellent photos has never been so easy, as complex settings are turned into easy adjustments with immediately visible results.

Eros 64Gb, for Telefónica customers, will have more than double capacity than the Eros standard version, extending the capability for customers to store large amount of content,  up to 4,000 images or 6 hours of very high quality Full-HD video.

… of Telefónica,  said “Telefonica is firmly committed to deliver the best and exclusive experiences to our customers as part of our connected smartphones offering. This moves us one step ahead, and reinforces our leading position in front of the consumers looking for the best proposals”

I dont feel Nokia has the brand power yet to support a $299 handset, despite all the advanced technology in the device, and I strongly suspect the price will relegate the handset to the niche department.

Do our readers agree? Let us know below.

Source: WPC (1), (2)