NEW YORK -- Verizon Wireless and Apple Jan. 11 said they will launch a CDMA version of Apple's iPhone 4, confirming what the mobile tech world has been speculating about since AT&T launched the iPhone in 2007.
The multiyear deal is non-exclusive. Verizon Wireless CEO Dan Mead said at a launch event here that existing Verizon Wireless customers will be able to preorder the Verizon iPhone 4 exclusively online Feb. 3. Verizon's 3G network will power the handset.
New customers will be able to purchase the device Feb. 10 online and in stores from Verizon Wireless, and Apple. With new contracts, the device will cost $199.99 for the 16GB model and $299.99 for the 32GB model.
"It's been the worst kept secret that wireless customers have been asking for the iPhone on Verizon," Mead said.
Apple COO Tim Cook acknowledged the Verizon iPhone 4 handset is similar to the AT&T iPhone 4, from the FaceTime video chat application to the crisp Retina display.
The handset also sports the original iPhone 4's LED flash, HD video recording, 5 megapixel camera and Apple's signature glass and stainless steel design.