Verizon has quietly added the Samsung Galaxy S III to its stable of prepaid phones. It's priced at $269.99. There's no mention of LTE in the phone's description or specs so presumably its been disabled or removed.
The lack of modern, high end phones on Verizon prepaid and its MVNOs has been a major sticking point for users and likely hurts sales. While you can't really call a two year old phone modern, the S III with its excellent 8 MP camera, 4.8 inch 720x1280px screen, 2GB of RAM and 1.5 Ghz dual-core CPUis a far more powerful Android phone than any that Verizon has sold to date for prepaid.
What I'm really hoping for is that Verizon starts allowing customers to bring their own LTE phones to Verizon Prepaid and Verizon's MVNOs. I can understand that Verizon wants to continue blocking LTE on prepaid to discourage its cash cow postpaid customers from switching to lower margin prepaid. But with AT&T and T-Mobile aggressively promoting prepaid to drive market share gains, Verizon needs find a way to satisfy prepaid users' lust for modern phones, virtually all of which are LTE capable. Surely Verizon can find a way to let users activate LTE phones as 3G-only devices.
Related: Prepaid Phones on Sale This Week April 27 - May 3