Vertu, a Nokia subsidiary that is specialized on luxurious cell phones, is reportedly planning to unveil a lineup of models that combine the magnificence of Vertu with relative affordability.

Vertu Constellation will be the most “affordable” phone lineup by this well-known maker of luxurious handsets and will be aimed at traveling executives as well as other users, who may need some additional functionality from mobile phone, something that the current Vertu Ascent and Signature lack.

The Constellation collection is named after Lockheed Martin’s most successful post-war aircraft. The new Vertu Constellation series is going to include three new handsets, which will differ by weight and materials: the most expensive one will feature gold-plated one, the other will be made of either “polished steel” or “satin steel”. All of the phones will have leather enclosures within the case.

The new Vertu Constellation will inherit Nokia 40-series user interface as well as will support quad-band, EDGE, GPRS, Bluetooth and USB along with music player and some business functions, which are to assist the traveling businessman, reports GSM Arena web-site. The Constellation will feature 262K TFT screen covered by scratch-proof sapphire crystal. Additionally, customers can order the keypad to be made of fluorescent ceramics used on space shuttles.

Vertu, who is currently running out of production capacities, is expected to launch its Constellation collection in October. Currently the price is unknown, but it is claimed to be below that of Ascent phones, e.g., Ђ4500 (about $5775). Still, the pricing should be higher compared to premium-class Nokia’s products – Nokia 8800 and Nokia 8800 Scirocco Edition – which cost approximately Ђ1000.

Neither Nokia or Vertu commented on the news-story.