Nokia made Android phone coming this month?

The phone is to be launched by Vertu, which was just recently sold by Nokia to an investment firm.

 Vertu, luxury phone maker, is planning to launch its first Android phone this month itself. Purportedly named as Vertu Ti, the phone could also be the first Nokia made Android phone as the Finnish company was the owner of Vertu just recently before selling it to an investment firm.

Reportedly, the Vertu Ti will come with an 800 x 480 resolution based display, 1.5 GHz Snapdragon MSM8260A SoC, Android 4.0.4 and a rather minuscule 1,250 mAh battery. The phone additionally has NFC, WiFi, and Bluetooth 4.0. While the phone gets very average spec sheet, Vertu phones have never been known for high-end specs and are rather known for being handcrafted and made in the tradition of fine Swiss watches.
According to another website, it is going to be priced at 3000 Euros, making it the cheapest Vertu handset till date.