Hey guys, we have been getting some more information and it looks like the Verizon iPhone is running iOS 4.2.5 and contradicting our own reports, it appears that “Mobile HotSpot” is actually built into the Settings application.

Now, we had previously said that the Verizon iPhone was actually going to require a download from the App Store, but it appears that this is not the case.

So there you go guys!

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