The Mobile World Congress had plenty of highlights, one of the more promising ones being the quad-band P3470 unveiled by HTC. According to the company, this phone will set a new standard in affordable smart phone, GPS-based devices.

The noteworthy features of the phone include GPS navigation, a touchscreen, and long battery life of 350 minutes (talk time) and 240 hours of standby time.

The phone will run on Windows Mobile 6. It sports a 2.8-inch QVGA LCD touchscreen display and has a TomTom Navigator 6 for navigation. The phone also has a GPS antenna connector, which you can hook to an external antenna for better reception.

The P3470 will come bundled with a 1 GB microSD card. The phone itself has 256 MB flash and 128 MB internal memory. Other features include a 2-megapixel camera and Bluetooth. 3G and Wi-Fi are conspicuously absent.

The P3470 should be available in certain parts of Europe next month onwards and will be priced at around $650.