Why Is There A Basic Prepaid Phone That Costs $165?

http://www.verizonwireless.com/new/prepaid/basic-monthly-plans/lg-exalt+monthly/
Out of curiosity, why does Verizon sell a basic prepaid phone (the LG Exalt) that costs $165?  It doesn't even have waterproofing or ruggedness, and still costs $65 more than any prepaid smartphones that Verizon sells right now.  I'm not trying to complain, I'm just a little confused.   

I don't think dilbertaz understood the question. None of verizons basic phones offer 4g. That's only in the smartphones and the jet packs. Also, the phone recommended isn't even compatible with Verizon wireless.

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