The HTC One V is due to launch in the second quarter of this year, and when it does it'll be available on Virgin Mobile, according to Pocketnow. There's no official word from Virgin yet, but the site is also reporting that the smartphone will be available for under $200 — which fits in nicely with the One V's position as the budget option in HTC's One series of devices. Some might be disappointed that Virgin isn't looking to carry the higher-end One S or One X instead, but the One V is more fitting for Virgin's position as a budget player in Sprint's portfolio of brands. Be sure to check out our hands-on with the One V — which includes a 3.7-inch LCD display, a 1GHz processor, and Android 4.0 — from Mobile World Congress in February.