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Pantech Breakout officially launchedPantech Breakout, the budget 4G LTE Android handset that has been making rounds on the internet over the past few weeks, has just been officially announced by Verizon Wireless today. As of today, the Pantech Breakout will be the cheapest 4G LTE phone available on Big Red’s network. It packs decent specs, but most importantly LTE-connectivity without a hefty price tag.

The Pantech Breakout will feature a 1GHz processor, a 4″ (480 x 800) display, Android 2.3 Gingerbread, Google apps and the Android Market, 4G LTE with hotspot capability for up to 10 devices, Swype, a 5-megapixel rear camera (720p video capable), a VGA front-facing camera, Bluetooth, WiFi, GPS, and a pre-installed 8GB microSD card. The phone will be available on September 22nd (this Thursday) with a price tag of $99.99 after a $50 mail-in rebate and a 2-year contract. Anybody planning to pick up the phone this week?

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