Just as rumors suggested Nokia has unveiled its own tablet running Microsoft’s Windows RT operating system, and from its description the Nokia Lumia 2520 sounds like just the beast the company needs to power ahead of Microsoft’s own efforts with the Surface RT.

With a 10.1-inch HD display, the powerful 2.2 GHz quad-core Qualcomm Snapdragon 800 processor, 2GB of RAM, Wi-Fi, 6.7 megapixel front-facing camera with Car Zeiss optics and built-in LTE the Nokia Lumia 2520 includes everything that industry watchers have clamored for in a tablet running Windows RT.

This being a tablet from Nokia, of course the company has wrapped the entire Lumia 2520 in colored polycarbonate plastic. The tablet will ship in two versions in the United States, black and red with both variants shipping with 32GB of on-board storage. Users can extend the battery life of the Nokia Lumia 2520 with a separate Nokia Power Keyboard attachment that adds two full sizes USB ports and five hours to the tablet’s 11 hours of battery life for $149.

It’s a giant Lumia and that is ok.

About the only thing that Nokia is heavily competing on with Microsoft here is pricing. At $499 before a two-year service agreement the Lumia 2520 is $50 more than Microsoft’s Surface 2. However, that price won’t hold up for long, Nokia will make the Lumia 2520 available in the United States on AT&T and Verizon so users will likely pay a lot less than that base price after signing a two-year service agreement.

Nokia says users should expect the Lumia 2520 to launch in Q4 2013.