The popular U.S. operator, Verizon, has officially announced its first budget-friendly low-end 7-inch tablet, the Elipsis 7, which will ship running Android 4.2.2 Jelly Bean. The slate will be available to purchase from tomorrow Thursday, November 7, with the rather affordable price tag of $250 from the carrier’s official website.

Unfortunately, Big Red failed to provide any insight as to the specific specifications of the device. But we do know that it has a 1080p HD display, a 1.2-megapixel front-facing camera and ships with the full suite of Google Apps installed, including: Google Play, Google Maps, GMail together with YouTube and is fully Verizon Wireless LTE compatible.

Furthermore, if you choose to sign up to a new contract with the operator, it will shave $100 off the price – so you’ll only have to pay $150.

At $250, the Elipsis 7 is slightly cheaper than the LTE Nexus 7 and the Kindle Fire HDX 7, but we’ll have to wait until we see some official specifications before we can decide if it’s worth the purchase.

• SourceVerizon