Okay, according to engadget mobile, the LG Lotus is now officially available with Sprint and comes in an additional colour of red, and is to command a price tag of $49.99.

This means Sprint has dropped the LG Lotus down from the original retail price of $99.99 by $50.00 or if you prefer cut it down to half price which is always a good deal.

The $49.99 low price is of course after rebates and as always on signing up for a contract, and actually makes the LG Lotus the stubbiest flip form factor handset in Sprint’s portfolio even more attractive.