We've waited and waited, and now Apple and Verizon have made a million dreams come true: the iPhone is coming to Big Red. After talking up his new LTE network a bit, Verizon CEO Lowell Mcadam confirmed a CDMA (non-LTE) version of the iPhone 4 is coming to Verizon Wireless next month. Talks started way back in 2008, and the phone has been in testing for a year -- it sounds like they wanted to get this one right. The phone will launch on February 10th for the standard $200 price for the 16GB model on a two year agreement, $300 for the 32GB version. Just to clarify and put any wild rumors to bed, the phone is Verizon 3G (EV-DO) only, no 4G data or GSM roaming. It's not a world phone or an AT&T + Verizon phone, it's just a Verizon phone.
Outside of Verizon connectivity, the phone is basically unchanged, although Verizon's CDMA network doesn't support simultaneous voice and data as with the GSM version. It does have the new antenna design we were hearing about last week, but that's just because CMDA requires a different configuration of antennas. (Apple says they didn't go LTE just yet because first-gen chipsets would force unwanted design decisions, and customers want a Verizon device now.) Software-wise the big innovation is five user WiFi hotspot functionality, something that's standard on Android phones, while Apple has kept the iPhone only able to tether directly to one computer.