Nokia was rumored to be building it, but according to the WSJ Verizon Wireless' first 4G handset will debut mid-2011, running on the LTE network that's launching end of this year after Boston and Seattle guinea pigged the service.

According to the WSJ, Verizon Wireless' first LTE phones will use dual chipsets so they'll still be compatible with the current CDMA network. This will come months, even a year, after Sprint's first WiMax phone, which Palm is supposedly building. [WSJ]