The Verizon iPhone 4 will be sold at the same subsidized price as the iPhone 4 on the AT&T network.
A 16GB iPhone 4 will be available for $199 with a 2-year contract.
A 32GB iPhone 4 will be available for $299 with a 2-year contract.
Verizon will not be offering any sort of early-upgrade promotion at the time of the iPhone 4 launch. Customers who are not eligible to upgrade can purchase the iPhone at full retail price.
Full retail price of the Verizon iPhone 4 is $649.99 for the 16GB model, $749.99 for the 32GB model.