Who says there are too many tablets on the market? Probably everyone, but that doesn't appear to be stopping Verizon from throwing its hat in the ring. According to some online leaks, the carrier plans to introduce a value-priced Android tablet -- perhaps as soon as this week.
The site phoneArena.com obtained documents that reportedly show details about the new Ellipsis slate, including specs and a release date. (And phone leaker @evleaks received an image of the tablet shown above.) The Ellipsis is apparently built around a 7-inch "HD" IPS display and a 1.2GHz quad-core processor (from an unnamed chip maker) that runs Android 4.2.2 (a.k.a. Jelly Bean), and features 8GB of built-in storage and, not surprisingly given the source, 4G LTE support.
Price at $249.99, the Ellipsis is supposedly due to be launched on November 7, so we'll see if the company actually introduces the tablet then. The leaked docs also mention that this is the "first device" to launch under the Ellipsis brand, so presumably we may see some other tablets coming from Verizon in the near future. The Ellipsis also appears to be eligible for a $100 discount with a two-year Verizon contract, which might entice some new customers who want more than just Wi-Fi connectivity from their tablets (and are willing to accept other specs that are pedestrian).
Given the slim margins on budget slates, Verizon is in a less-vulnerable position to offer value-priced tablets, since it can recoup any costs thanks to monthly service charges. Whether that will make the Ellipsis brand a success remains to be seen, though if the rumors are correct, we might not have to wait all that long.