Microsoft's long-rumored Lumia 650 has been the subject of hot anticipation and a wave of leaks as of late. Promising to deliver capable specifications as well as classy aesthetics fit for those in the enterprise, Redmond's business-oriented device has become been drawing attention for the software company. Those who are at the edge of their seats waiting in anticipation for the handset may soon rest easy as reports suggest that the software giant is planning to officially announce the Lumia 650 early next month.

According to reports, the Microsoft Lumia 650 will be announced Monday, Feb. 1, 2016. The company will also be revealing details regarding the device such as pricing and availability through its official blog.

It's also important to note that, since the handset may not be subject to much fanfare, Microsoft may not be holding a press conference for it, and the company will likely keep its presence at Mobile World Congress (MWC) a low-key affair.

Furthermore, the reports also give about the supposedly canceled two devices, namely, the Lumia 750 and the Lumia 850. The Lumia 650, on the other hand, will seem to be the first handset to be added in Microsoft's mobile roster for this year, and the rumored Surface is reportedly on track.

If previous reports hold true, the Lumia 650 will feature a 5-inch display with 720p resolution, a Qualcomm Snapdragon 212 SoC with four cores of Cortex-A7 CPU clocked at 1.3 GHz a piece, Adreno 304 GPU and 1GB of RAM. It will also come with an 8MP primary camera with LED flash, as well as a 5MP front-facing camera for video calls and selfies.

Rumors from Europe suggest that the Microsoft Lumia 650 will arrive with a US$222 price tag, but those who are interested will still have to wait for the official announcement to confirm such specifications and pricing.