Sprint and Samsung have officially put an end to all kinds of leaks and rumors surrounding the Galaxy Victory 4G LTE. Per reports, both companies have announced the arrival of the smartphone and have stated that it will be available starting Sunday, Sept. 16.

The Samsung Galaxy Victory 4G LTE will be available at less than $100 after a $50 mail-in rebate. The 4-inch smartphone packs in a touchscreen display, Android 4.0 Ice Cream Sandwich, a 1.2 GHz Dual Core Qualcomm processor. It also has a 5-megapixel rear-facing camera and a 1.3-megapixel front-facing one.

Other features include NFC along with Google Wallet compatibility and the standard TouchWiz components such as All Share and S-Beam.

"Price is often a barrier for customers who are ready to transition from a feature phone to a smartphone; Samsung Galaxy Victory brings Sprint 4G LTE to the mass market with the high-end features and capabilities of a premium Android smartphone," said David Owens, Sprint's VP of Product Development.

Owens added that "Priced under $100 and paired with Truly Unlimited data from Sprint, our customers will appreciate the functionality of this device without worrying about costly monthly rate plans or surprises on their wireless bill."

Additionally, users will enjoy the Sprint Everything Data plans. Sprint's Everything Data plan with Any Mobile, AnytimeSM includes unlimited web, texting, and calling to and from any mobile in the U.S. while on the Sprint network.