For a limited time, Amazon has slashed the price on the HTC Thunderbolt 4G for new Verizon Wireless customers. The phone, the first on Verizon's LTE network, has been reduced to $129.99 from the usual price of $249.99.

The offer is only good for those new to Verizon, and they must sign a two-year contract. Existing customers looking to upgrade will have to cough up $199.99 for the smartphone.

Verizon sold has sold 260,000 of the Thunderbolt since it launched on March 17, president and CEO of Verizon Telecom and Business Fran Shammo said in a Thursday earnings call. The company has also sold another 250,000 4G LTE Internet devices, Shammo also said.

Amazon's offer is good until midnight pacific time on Monday.