Verizon Wireless has announced the upcoming LG Cosmos, a feature phone sporting a QWERTY keypad and a budget-friendly price.

A basic phone aimed at social networkers, the Cosmos offers a 1.3 megapixel camera along with quick links to Facebook, Twitter, MySpace and other social networking platforms. Bluetooth 2.1 and aGPS round out the wireless features with added functions like voice clarity noise level reduction and favorite keys for oft-used contacts.

The LG Cosmos will be available from Verizon Wireless on March 25 at a price of $29.99 USD with a two-year commitment and $50 USD mail-in rebate.