Sprint announced Monday that it will sell the Galaxy Nexus, the flagship phone for Google’s latest operating system. The handset will be in stores on April 22 for $199.99 and comes with a pretty sweet deal — if you’re willing to sign up for Google Wallet.

Anyone who buys the Nexus, which has an NFC chip to enable wireless payment, will have the option of claiming a $50 credit for Google Wallet: $10 immediately and $40 within three weeks.

Verizon also carries the phone, a 4G LTE-capable device, but does not support Google Wallet — a move that has slowed adoption of the service considerably. Galaxy Nexus owners, so far, have had to settle for less-than-total use of their phones. Sprint is also offering the phone for $100 less than Verizon, with a two-year contract.

On the other hand, those who want to grab the Galaxy Nexus on Sprint should know that the carrier’s LTE network has yet to roll out — which would explain why Sprint is downplaying that the phone is a 4G device in its advertising.

The carrier has announced its plans to hit Atlanta, Baltimore, Dallas, Houston, Kansas City and San Antonio by mid-2012, but has a long way to go to catch up to LTE coverage from Verizon or even AT&T.

The phone has a 1.2 Ghz dual-core processor, 5MP rear camera, and 1.3 MP front-facing camera. It also has a near-field communication chip, which lets customers use Android Beam, a new service that lets users share Web pages, apps and videos by tapping their phones together.

Those interested in snapping up the phone for Sprint can pre-order their device starting Monday on the company’s Web site.

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