As you may have already heard, earlier today Verizon announced at their press conference in New York City that the iPhone 4 will be coming to its service next month, something that many people have been waiting for and anticipating for quite some time.

According to this article on MobileCrunch, the Verizon iPhone seems to be identical to the version that is offered on AT&T, except for the fact that the iPhone will be running on CDMA technology, rather than GSM. Users will still be able to browse the Internet, text, send pictures, video chat using FaceTime, as well as the many other features that are available on the iPhone 4.

However, there is one feature that the iPhone will have on Verizon that it does not currently have on AT&T, which is the ability to use the iPhone 4 as a Wi-Fi hotspot. With this feature, a user could provide Wi-Fi access to up to five different devices, which is a pretty nice feature if you’d like to use your laptop or other device and aren’t able to find an Internet connection nearby.

As for the pricing of the device, the 16 GB model will cost $199.99 and the 32 GB model will cost $299.99, both of these prices with a two-year contract.

There is a great chart on Engadget comparing the iPhone on both Verizon and AT&T, which compares various things about the phones, including the assumed plan pricing, upgrades, and more.

For more information regarding the iPhone 4 coming to Verizon, you should check out this blog post from MobileCrunch, as well as this comparison chart from Engadget.