Sprint today announced the launch of the Sanyo Innuendo by Kyocera, a mid-range texting and social networking phone.

The new phone features a unique side flip qwerty keyboard and 2.8-inch display. The phone boasts a 3.2-megapixel camera, picture messaging, Bluetooth, Wi-Fi and MP3 player with expandable microSD memory.

The Innunedo is available now in all Sprint retail channels for $49.99 after a $50 mail-in rebate and a two-year contract.

The announcement follows on the heels of the Sanyo Zio, which the company launched late last month. The Zio is an Android smartphone that sells for $249.99 on Cricket Wireless’ prepaid network.