It doesn't look like Microsoft is done with the Nokia brand just yet.
Last week they announced the Nokia 215, a T9 keypad phone that's internet ready and costs below $30, making it the cheapest internet-ready phone today.
Maybe, we should call this an Internet-Ready-SmartPhone, it's got Facebook, Twitter, MP3 player, Opera Mini Browser and in-built Bing search.
It's also got a whopping 29day battery life (on standby).
It has a Dual SIM variant too.
But with 0.3MP camera, I don't know if you would want to be posting those pics on facebook, lol
Though this is not the high end Lumia most of us are waiting for, it does remind of us of the good ol' glory years when Nokia dominated the phone market with premier phones like this (pre-iPhone/Android era)
This phone will be available in emerging markets like Asia, Africa, Middle East...
Read more on Lumia Conversations if you are interested