This update to the V500 adds EDGE high-speed data and video capture. Other key features include quad-band GSM, Bluetooth, VGA camera, large color display, MP3 ringtones, e-mail, and SyncML.
Phone Specifications| Camera | Connectivity | Data | Display | General | Input | Messaging |
| 2.0 MP | Bluetooth | 3g | Color | Alarm | Predictive Text | Email |
| PC Sync | EDGE | External Display | Calculator | Side Keys | EMS |
| USB | Flight Mode | | Calendar | | Instant Messenging |
| | Tethering | | GSM | | MMS |
| | WAP | | Polyphonic Ringtones | | Text Messaging |
| | | | To-do List | | |
| | | | Vibrate | | |
| | | | Voice Memo | | |
| | | | World Phone | | |
| Operating System | Sound | Technology | Type |
| Java Enabled | 2.5 mm Headphone Slot | GSM Quad-Band | Flip Phone |
| Hands Free Slot | EDGE | External Display |
| Speakerphone | Flight Mode | |
| Stereo Speaker | Tethering | |