According to sources of ours, Verizon prepaid is finally getting access to the carrier’s massive 4G LTE network come July 17. As those of you in the prepaid game know, Verizon has lagged behind others in terms of prepaid data speeds, leaving their customers on 3G-only, which is painful on Big Red’s incredibly slow CDMA network. That is about to change, but you now have to decide if their plan is worth considering.

On July 17, Verizon’s ALLSET prepaid plan, which features unlimited talk and text plus 500MB of data for $45, will gain 4G LTE access. BRIDGE DATA can be added to that plan to help grow the data bucket. Verizon’s site currently sells BRIDGE DATA at 500MB for $5, 1GB for $10, or 3GB for $20. Assuming those plan add-ons do not change before the 17th, you could get into Verizon prepaid with 4G LTE and have 3.5GB of data for $65 per month. Verizon is also running a promo that can land you another 500MB of free data just for signing up for auto-pay, so we could be looking at 4GB of LTE data with unlimited talk/text for $65.

Once ALLSET with 4G LTE is live on the 17th, you will be able to sign-up through Verizon’s website, direct/indirect channels, and by calling customer service.

Come launch, Verizon will sell new postpaid 4G phones that can be activated with prepaid pricing, there will be certified pre-owned devices like the Galaxy S4 and iPhone 5 available, or you can bring your own Verizon 4G LTE device.

A couple of questions we don’t have answers to are, “Will the speeds be full 4G LTE or throttled?” and “Will pricing for BRIDGE DATA change by July 17?” Hopefully the answer to both is “no.”

In related news, the screenshot below was taken from Verizon’s Testman site, which clearly shows that the LG G2 (which is a 4G LTE device) will be available on prepaid once it launches.