You can now get an Android phone for $80
The company is known for its high-end digital cinema cameras and will be creating the first handset to offer a 4-View (4V) "holographic mode," according to Verizon.
The device will also support high-quality audio and a fancy camera that will be able to connect to the other cameras made by the company.
RED founder Jim Jannard has hyped up the device by stating that the 5.7-inch Hydrogen One phone displays "better than a 3D image" without glasses.
The carriers have not announced the final date of release but they have confirmed plans to carry it in the summer.
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Along with this, AT&T and Verizon have revealed that the phone will launch alongside a hydrogen network - an exclusive network of channels with 4-View content, including movies, music and games.
The pricing is not final yet, but RED did take pre-orders earlier this year with two models priced at $1,295 and $1,595.
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