Why do you people automatically blame Verizon for the lack of wi-fi? They won't be the only carrier with this phone, even if they are the first to carry it. The Storm was released worldwide, and I don't recall hearing about any of them having wi-fi. These phone already carry 7 different frequency bands (2 CDMA and 5 gsm) and Bluetooth. There's probably not even any room in the damn thing for a wi-fi module. It'd also add to the overall handset cost.
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