Verzion Chief Financial Officer Fran Shammo revealed that the carrier would offer an $80 prepaid Android phone starting next week. The phone would be bundled with a plan that includes 1 GB of data per month. So far no other details about the plan or phone have been released.
Android phones are nothing new on Verizon prepaid. For over a year the carrier has let you activate most of its non-LTE Android devices on a 3G Prepaid Smartphone Plan which includes unlimited data and messaging 450 minutes for $94.99/month or unlimited everything for $124.99/month. The 1 GB cap signals that this is a brand new plan. We should find out the details next week.
It's hard to say what the plan will be. Verizon has never been a low cost carrier and has always been careful to not to make their prepaid offerings attractive enough to draw away lucrative postpaid users. I think the best we can hope for is a new prepaid Android plan with unlimited voice and messaging and 1 GB of data for between between $60 and $70 per month. The plan new plan will almost certainly be restricted to basic Android phones.
As for the $80 phone, I'm guessing that it will be a basic model from a low cost Chinese brand like Huawei, ZTE or Alcatel. Something along the lines of the Cricket's Huawei Ascend II or ZTE Score or Virgin Mobile's Alcatel Venture (l-r below).
Source: Fierce Wireless