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Pantech Breakout Set To Be Formidable Rival To iPhone 5 Lite

Verizon Wireless rolled out a new smartphone yesterday, the Pantech Breakout, whose main selling point is the fact that it is a 4G/LTE Android smartphone, which costs as little as $99 after rebates.

The price excludes the cost of a two year contract with a 2GB monthly data plan but is still way cheaper than the usual $249 Verizon charges for its other top of the range 4G smartphones.

The smartphone houses some familiar hardware and software like: a 1GHz single core SoC, possibly a Qualcomm Snapdragon, Android OS 2.3 Gingerbread, a 4-inch WVGA capacitive touchscreen, Bluetooth 3.0, Wi-Fi, GPS and you can connect up to 10 devices to the LTE connection.

There's also a front-facing VGA camera and a rear one as well plus onboard Swype and full access to Android Market. Unfortunately for non-US customers, the Pantech Breakout (and indeed the whole Pantech range) is not available outside the US for now and is not available as a SIM Free device.

By offering a cheap handset, Verizon is trying to increase its LTE userbase significantly; it has already confirmed that potentially around 185 million of its customers will get 4G coverage by the end of the year.