Jun 8, 2011 18:51 GMT  ·  By

Mobile phone carrier Verizon Wireless has just powered the price tag for one of the popular devices on its airwaves, the DROID 2 Global by Motorola.

Previously available for purchase at $199.99 upon the signing of a two-year contract agreement with the carrier, the mobile phone is now for sale at only $149.99 on contract.

The mobile phone was launched last year, but this is the first time Verizon cuts its price tag, it seems, although other partners already offered various deals for it.

According to some, Big Red decided to lower the phone's cost so as to make it more appealing to users, since sales started to slow down.

At the same time, there are some who suggest that the wireless carrier is actually preparing the launch of a successor for this device, and that it is clearing up inventories.

The upcoming mobile phone, said to hit shelve as the Motorola DROID 3, was already leaked into the wild, but nothing is official on it for the time being.

However, it is expected to arrive on the market with improved hardware when compared to the predecessor.

The DROID 2 Global was launched on shelves with a 1.2GHz application processor inside, a large 3.7-inch touchscreen display, and a sliding QWERTY keyboard that enhances its functionality.

Running under Google's Android OS, the DROID 2 Global offers support for various services and applications, including email, Flash 10 Player for a great web browsing, and more.

“Built for business to ensure seamless integration in a variety of IT environments as well as world class performance at work or play,” Verizon notes on this device.

The yet unannounced DROID 3 was rumored to pack a dual-core application processor inside, although it would sport the same form factor as the predecessor.

The upcoming device should also sport a larger touchscreen, along with more internal memory, a better photo snapper on the back, complemented by a front-facing camera, and other new features as well.

Those who would like to purchase the DROID 2 Global by Motorola at the lower price tag it features now at Verizon should head to the wireless carrier's website here.