It gets juicier, though: Nokia is also refuting claims that it has entered into an exclusive agreement to develop a touchscreen LTE device with Verizon: "While we have not entered into any exclusive agreement for 4G touch screen device development as is being reported, we will continue to follow and pursue developments as a normal course of business." In other words, "we're not opposed to the idea, but we haven't yet." Sorry to leave you hanging, Verizon subscribers, but the good news is that we're pretty confident these two giants are in bed together for the long haul in one capacity or another.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.