Verizon Wireless to start selling first 4G phone

Verizon Chairman and Chief Operating Officer Ivan Seidenberg gives his keynote address on the first day of the Consumer Electronics Show, Thursday, Jan. 6, 2011 in Las Vegas. (AP Photo/Julie Jacobson)
March 16, 2011 5:35:34 PM PDT
Verizon Wireless says it will start selling its first phone capable of using its new, faster "4G" data network.

The ThunderBolt from HTC Corp. will go on sale Thursday for $250 with a two-year contract. It has a large, 4.3-inch touch screen and runs Google Inc.'s Android software.

Initially, Verizon will be selling it with an unlimited 4G data plan, but spokeswoman Brenda Raney says this option will probably go away later this year, along with the rest of Verizon's unlimited data plans.

Verizon launched its 4G network in December, based on a technology known as Long-Term Evolution, or LTE. But only laptop cards have been available for it. Verizon says customers can expect download speeds of 5 to 12 megabits per second, nearly ten times faster than 3G speeds.


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