AT&T officially announced Monday the Motorola Moto G LTE will be available in stores starting October 1.

Moto G LTE, Motorola's LTE-ready model, goes on sale on AT&T for US$179.99 with no contract.

The budget-friendly handset comes with a 4.5-inch HD display and a 1.2 GHz quad-core Qualcomm Snapdragon processor. Moto G LTE also features a 5 megapixel rear-facing camera, a 1.3 megapixel front-facing shooter and 8 GB of storage.

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Customers that purchase the mobile device will get the latest version of Android within a month of its release, Motorola said.

AT&T Senior Product Marketing Manager Karissa Norfleet said Moto G LTE is a "great choice for users" that want to upgrade their smartphone without downgrading their wallet.

Subscribers can spread out payments through AT&T Next Plan. For the Next 18, customers will pay US$7.50 per month for the next two years and US$9 a month with AT&T Next 12.

In addition, the device is also available for US$80 with a one-year contract, AT&T added.

Along with Moto G LTE, the company will also start selling AT&T Velocity, the carrier's latest mobile hotspot, on Friday. Its special features include 10 hours of battery life, dual-band Wi-Fi and with up to 10 device connections.

TagsAT&T, Motorola Moto G LTE