It’s been a long wait for the HTC Thunderbolt, Verizon’s first LTE 4G smartphone. After a delay of almost a month, Verizon has finally made the phone available today for $250 with a two-year contract.

First expected around late February, the Thunderbolt was delayed for weeks without explanation. One reason for the delay could have been trouble with the phone’s battery life, which testers reported at around two to three hours, Engadget reported.

The Thunderbolt is HTC’s Verizon spin on its popular Evo 4G phone on Sprint. This time around, though, it will be packing support for Verizon’s LTE 4G network, instead of Sprint’s WiMax 4G network. It’s somewhat fitting that Verizon’s first 4G phone would resemble the Evo, which was Sprint’s first 4G device.

The phone sports the same 4.3-inch display as the Evo as well as a slightly newer 1 gigahertz Qualcomm processor. It ships with Android 2.2 and, being a flagship HTC device, runs the company’s Sense 2.0 user interface. The Thunderbolt has about 50 percent more RAM than the EVO, 768 megabytes versus 512 megabytes, which should make it a little zippier in day-to-day use. It also sports an 8 megapixel camera with HD video recording capabilities — although I hope it’s a higher quality camera than the Evo’s.

AI Weekly

The must-read newsletter for AI and Big Data industry written by Khari Johnson, Kyle Wiggers, and Seth Colaner.

Included with VentureBeat Insider and VentureBeat VIP memberships.

Laptop Magazine describes the Thunderbolt’s 4G speeds as “freakin fast.” The phone saw download speeds between 4Mbps  and 13.8Mbps, or somewhere between two and seven times faster than Verizon’s typical 3G speeds.

If the phone’s $250 price sounds too high, you can also find it for less at online retailers. Amazon, which currently has the Thunderbolt backordered, was offering it for $180 earlier today. It’s also available for $199 at wireless reseller Wirefly.

Via Engadget

VB Mobile SummitCalling all mobile executives: This April 25-26, VentureBeat is hosting its inaugural VentureBeat Mobile Summit, where we’ll debate the five key business and policy challenges facing the mobile industry today. Participants will develop concrete, actionable solutions that will shape the future of the mobile industry. The invitation-only event, located at the scenic and relaxing Cavallo Point Resort in Sausalito, Calif., is limited to the top 180 mobile executives, investors and policymakers. Request an invitation.

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact. Learn More