Vodafone U.K. has announced its new Android-powered phablet that hopes to give buyers on a budget a cheaper alternative to devices like the iPhone 6 Plus and the LG G4. Despite its incredibly affordable price tag, the device boasts a 5.5-inch display with a full 1080p resolution.

That puts the Smart Ultra 6 on exactly the same level as the iPhone 6 Plus — at least in terms of display size and resolution. But at just £125 (approx. $199), or free on contracts starting at £17 (approx. $27) per month, this is very much a midrange device.

Internally, the Smart Ultra 6 is packing Qualcomm’s octa-core Snapdragon 615 processor, 16GB of storage, and a 3,000mAh battery. There’s also a 13-megapixel Sony camera on its back, a 5-megapixel camera on its front, and 4G connectivity for speedy data transfers.

While the Smart Ultra 6 may not be a high-end smartphone, it certainly looks like a very capable phablet with good specifications — especially at just £125. It comes with an almost pure version of Lollipop pre-installed, so you get Material Design and all the other great things that come with it.

If you’re interested in the Smart Ultra 6, you can order yours from Vodafone right now via the source link below.