Engadget‘s first hands-on Verizon iPhone 4 has revealed that it is running iOS 4.2.5. This version has nothing more than a Personal Hotspot option in the Settings app. Its still unknown whether Personal Hotspot feature is going to be Verizon exclusive or the AT&T customers will also be able to play with it. Using Personal Hotspot option you can connect up to five Wi-Fi enabled devices with your iPhone.

We will let you know if iOS 4.2.5 update will be made available for older users. Stay tuned!
More on Verizon iPhone 4:
Verizon iPhone 4 comes with a different antenna design
Verizon iPhone 4 comes with relocated side buttons
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Via: Engadget