Verizon Wireless is releasing the third smartphone to take advantage of its faster fourth-generation data network on Thursday

Like the others, the Revolution from LG Electronics runs Android and has a large 4.3-inch touch screen. It also has a pair of cameras and a mobile hot spot feature, allowing users to share the fast data connection with eight devices connected via Wi-Fi.

The Revolution will cost $250. That's the same price as HTC's ThunderBolt, which was the first 4G phone on Verizon, and $50 less than the Droid Charge from Samsung Electronics, which also came out this month.