Verizon today confirmed plans to launch the iPhone 4 on February 10th. Contrary to some rumors the new model will be CDMA-only, forgoing the speed advantages of the carrier's nascent 4G LTE network in favor of 3G. A 16GB phone will cost $199, while a 32GB one will be $299, with each having the distinct advantage over AT&T versions in including mobile hotspot support for up to five devices.