Lumia 720 will be the latest mid range smartphone from Finnish manufacturer Nokia featuring Microsoft’s latest Windows Phone 8 OS. It will be aimed at first time users who are looking for a budget friendly Windows Phone. Unlike Lumia 620. The Lumia 720 is rumored to feature a 4.3-inch display with the resolution of 800 x 480 pixels. It will be powered by Qualcomm’s 1.2GHz dual core MSM8227 processor and 1GB RAM. For multimedia, Lumia 720 will come with a 5 Mega Pixel rear camera with Carl Zeiss optics and a 1.3 Mega Pixel front facing camera for video calls. For connectivity, it will support Bluetooth 4.0, Wifi 802.11 b/g/n, NFC technology and 3G Mobile connections. The Lumia 720 will come with an 8GB built-in storage in addition to microSD card slot. It will come pre-installed with Microsoft’s latest Windows Phone 8 OS. In addition to that the Lumia 720 is rumored to support Wireless charging. There is no official confirmation from Nokia but rumors are that the Lumia 720 will be launched at MWC 2013 in february. Stay tuned for more updates or follow @harrym20 on Twitter.