T-Mobile just revealed the Huawei Prism. The phone is designed for the budget friendly crowd, but still packs some respectable features for the price. The phone comes with a 3.5-inch (HVGA), Gingerbread, 3G connectivity and a 3.2MP camera. The Prism is only $19.99 after a $50 mail-in-rebate card when you sign a new two-year contract with a qualifying Classic voice and data plan. Even more tempting is that you can get the phone for only $149.99 with no annual contract. That seems like a really good deal to be able to stay free from the confines of a two-year agreement. You will be able to get the phone at Walmart on May 9th, and everywhere else on May 23rd. Sound off in the forums!