Asus has seen some success with the budget-oriented unlocked Zenfone 2, and now a less expensive variant of the device is coming to AT&T as a prepaid GoPhone. The Zenfone 2E keeps many of the design cues from the Zenfone 2, but pulls back on the spec sheet a bit.

Here's what the Zenfone 2E is packing.

Operating system: Android 5.0 (Lollipop) with ZenUI

Display: 5-inch IPS display with 1280x720 (HD) resolution and 294ppi pixel density

Cameras: 8MP rear F/2.0 aperture, 2MP front F/2.0 aperture

Network standards: AT&T 4G LTE FDD LTE 2/3/4/5/7/17/20, 3G 850/900/1900/2100, 2G 850/900/1800/1900

Memory: 1GB RAM

Storage: 8GB eMMC, Micro SDXC slot (up to 64GB, sold separately)

Wireless: 802.11b/g/n, Bluetooth® 4.0

Battery: 2500mAh non-removable lithium-polymer

Colors: White and black covers included

Dimensions (H x W x D): 5.83" x 2.81" x 0.43"

Weight: 5.47 oz.

MSRP: $119.99 with AT&T pre-paid GoPhone plan

The screen on this device is half an inch smaller compared to the Zenfone 2, and it's only 720p instead of 1080p. That's probably not a huge deal, but the step down to 1GB of RAM and 8GB of storage will be harder to swallow. It also has a dual-core Atom SoC instead of a quad-core, but Asus doesn't say exactly which one.

The Zenfone 2E is available in Walmart and Target stores today and will come to AT&T shops on July 24th. The specs aren't great, but the $119.99 price tag is reasonable for an AT&T phone.