Thanks to a premature Best Buy listing, we were already expecting Motorola’s second-generation Moto E. But the company today made the most affordable smartphone in its lineup official.

On sale today in the U.S. and other markets, the device comes with 4G LTE and Android 5.0 Lollipop pre-installed, and it can be yours for just $149.

Just like the original Moto E, this year’s is designed to be capable and affordable… but not groundbreaking. It boasts a 4.3-inch display with a qHD (960×540) resolution — just like its predecessor — plus a faster 1.2GHz quad-core processor, and 1GB of RAM.

There’s also 8GB of internal storage — up from 4GB — in addition to a microSD card slot, dual SIM card slots, a 2,390mAh battery, and a 5-megapixel rear-facing camera. The new Moto E also has a front-facing camera, which the original didn’t have.

The new Moto E doesn’t have a removable back panel, but you can pull off the plastic bezel that surrounds it to access its microSD and SIM card slots.

Motorola is offering a 3G model of the Moto E that’s even more affordable at $119, but the 4G variant, which is available today, is priced at $149 in the U.S., or £109 in the U.K. You can order yours through Motorola’s online store now.

• SourceMotorola