Could the Google Nexus 4 from LG be preparing for a Verizon Wireless or Sprint Wireless launch alongside a 4G LTE data connection? That appears to be the case according to a new rumor.

Tech website Sidtech is claiming that the semi-popular Google Android phone will see double the memory capacity in the near future while also adding 4G LTE connectivity.

The rumor also claims that LG is building a CDMA version of the device  which will be sold alongside current GSM versions. Both Verizon and Sprint Wireless use CDMA technology for their networks.

Google Nexus 4LG and Google are expected to announced the Google Nexus 4 during a press conference in May. The release date would fall in line with Google’s next Google I/O conference.

It has not been determined if other new features will be added to the Nexus 4, however, Google Android 5.0 Key Lime Pie is expected to make its debut.

LG could face some potential competition during the CDMA launch of the Nexus 4. Some analysts believe Google and Motorola may finally reveal the Google X Phone during the Google I/O conference.

In the meantime the Google Nexus 4 remains a competent Android smartphone which features a 4.7″ display that outputs at 1280 x 768 pixel resolution (320 ppi). The Nexus 4 also features a Qualcomm Snapdragon™ S4 Pro processor alongside 2GB RAM. Users are also treated to an 8MP back-side camera with HD recording alongside a front-face 1.3-megapixel camera.

The current Google Nexus 4 currently features Android 4.2 (Jelly Bean) and is offered in 8GB and 16GB variations. The GSM version of the device offers 3G and 3.5G data connections.

Google Nexus smartphones have received relatively good reviews but have failed to gain the type of traction experienced by Samsung. However, the Nexus line is favored by pure tech enthusiasts who want to take advantage of the full Google Android OS.

Will you be running out to pick up the Google Nexus 4 if it arrives on Sprint or Verizon’s networks.

[Image via IBNLive]