Is the Nokia Lumia 729 a cheap version of Nokia Lumia 920?

Few months ago Financial Times reported that Nokia will release a cheaper version of Nokia Lumia 920,and maybe its 729 it have PureView Camera,maybe without OIS or with OIS with 6.7MP Camera,480×800/720p screen resolutions,and a faster cpu to compete with cheap iPhone and mid range Android
Maybe its still carry 4.3 inch screen with curved glass

Any opinions? Feel free to share your own opinions below

Thanks

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