Verizon announced on Tuesday that the Motorola DROID RAZR, which originally launched a few months back for $299.99, is now available for $199.99 with a new two-year contract. The DROID RAZR is equipped with a dual-core 1.2GHz processor, support for Verizon’s 4G LTE network, 16GB of storage, an 8-megapixel camera capable of recording 1080p HD video and more. The slim smartphone will also become available in new white or purple color options on January 23rd.

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