Verizon has acquired
the right to sell the iPhone starting February 10
with pre-orders beginning on February 3, the company announced this morning in one of the worst-kept secrets
since the Beatles appeared on iTunes
. The iPhone will connect to the CDMA network and will be $199 for the 16GB model and $299 for the 32GB model (with a 2-year contract and required data plan, of course). The big news? A mobile hotspot is included, allowing you to connect up to five devices through the iPhone.
The talks began in 2008, when the two companies began to discuss bringing over the iPhone over for the CDMA network, and indeed the release of the iPad on the carrier
last year was proof of the iPhone's imminent arrival.
*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.