Verizon has just announced the Pantech Breakout 4G LTE, which is available available right now. The Breakout is available for $99 on two-year contract, making for the first low-cost 4G LTE to hit the market. The specs are nothing spectacular, but pretty good for $99 combined with LTE. The phone features a 1 GHz processor, 512 MB of RAM, microSD support with an 8 GB card included, a 4-inch 480×800 display, Gingerbread, 5-megapixel rear-shooter, and VGA front-facing shooter.
Of course the elephant in the room is that you can get just about any high end Android LTE phone at Amazon for almost free with a two year plan.
A couple more shots after the break: