Verizon to Launch Samsung Galaxy S4 Earlier Than Expected

By Evan Niu, CFA – May 13, 2013 at 4:35PM

NYSE: VZ

Verizon Communications

Market Cap

$162B

Today's Change

(2.75%) $1.06

Current Price

$39.66

Price as of April 23, 2024, 10:15 a.m. ET

Big Red jumps the gun launching Samsung's new Galaxy S4. Eager buyers can get their hands on the flagship device on May 23.

Top domestic carrier Verizon (VZ 2.75%) Wireless has announced that it will launch Samsung's newest Galaxy S4 slightly earlier than expected. The flagship smartphone will be available on May 23, compared with the previously expected availability date of May 30. After a $50 mail-in rebate, the Galaxy S4 will be priced at $200 on contract.

The news comes after Sprint Nextel (S) and T-Mobile (TMUS 0.49%) ran into inventory-related delays last month when launching the device on their respective networks. Verizon is the last of the four major wireless carriers to launch the Galaxy S4, completing Samsung's lineup of the biggest U.S. carriers.

The Galaxy S4 promises to be among the top Android smartphones of 2013 and may put competitive pressure on the rival HTC One.

Fool contributor Evan Niu, CFA, owns shares of Verizon Communications. The Motley Fool has no position in any of the stocks mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.