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According to the reports of, the Microsoft planning to launch two mid range Lumia variants RM-127 and RM-128. Both Smartphones support 4.7-inch display screen with single SIM and Dual SIM variants. The Microsoft Lumia 550 LTE Smartphone has leaked on the Microsoft’s European Distribution partner at CHF 114 ($117/€104).

Specifications wise, both Smartphones support 4.7-inch Display with 720p resolutions. The Lumia 550 LTE Smartphone also packed 1GB of RAM and 8GB internal storage with expandable storage via micro SD card.

And according to the leak reports of GFXBenchmark , it has 5-megapixel back camera and 1.2-megapixel face camera with 720p recording. It is powered by a Quad-core Snapdragon 210 processor.
It may be announced during the event October 6 or may be soon.

Microsoft Lumia 550

Leaked Specifications of Microsoft Lumia 550

Display: 4.7-inch (720p)
Camera: 5MP back, 1.2MP front
CPU: Quad-core Snapdragon 210
Storage: 8GB
SIM Type: Single SIM / Dual SIM
Network: LTE