CDMA version of iPhone 4 will be available on the Verizon Wireless in the month of February 2011.

This CDMA version will have the same specs as its GSM sibling. Also this will be available on other carriers in near future but Verizon will be the first CDMA carrier who is offering the gadget.
The features include: Apple’s Retina™ display, 1GHz Apple A4 processor, 5 MP camera with LED flash, 720p HD video recording, 512MB RAM, 16GB or 32GB internal storage, FaceTime, Personal Hotspot capabilities to connect up to 5 Wi-Fi enabled devices, A 3-axis gyro, Game Center, AirPlay® and AirPrint wireless printing.

Pricing:
iPhone 4 will be available on the Verizon on a two year contract for $199 (for 16GB model) and $299 (for 32GB model).  The contracts also include the use of a new iOS (called iOS 4.2.5) and the Personal Hotspot option to connect upto 5 wifi devices.
Existing Verizon customers will be given opportunity to pre-order iPhone 4, which starts on 3rd February while the phone will be available on Verizon shop on 10th Feb. 2011.