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It's confirmed, but not really all that great of news. When the next generation Android and iPhones are released now that will be news! This is just the same iPhone 4 now compatible with Verizon networks.
It's not worth signing a new 2 year contract to get a phone that will likely be outdated come June / July. If you're in the market for a smartphone, my advice would be to wait. The next generation of smartphones are going to be a big upgrade to what's currently available now.
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