After a meeting with employees, not only did Verizon Wireless announce that they will be now known as just "Verizon", but they also announce that they are not interested in the iPhone 4. Verizon is saying that they are fully backing up their new Droid line and putting off the iPhone 4 for now. This must be because of the August release of the Droid 2.
And the second part of the meeting (and most important to us) was to announce that they will not be interested in the iPhone 4 (as of now) and are putting full effort behind Android and the new lineup of Droid devices.
And there you have it, right out of the horse's(Verizon) mouth! Sorry for all of you disappointed, no Verizon iPhone 4 for now.
Source: Droid-Life