LG Electronics and Alltel today announced the release of the new AX4270 wireless phone. The new LG offers dual LCD displays with caller id on the external display, and a full color 128×128 internal display. Subscribers will also be able to take advantage of Alltelâ€™s Axcess service from the new AX4270. Other features also include: Polyphonic ringtones, 2.8 hour talk time, personal organizer, speed dial for up to 98 entries and customizable themes. The AX4270 is available through Alltel for $29.99 with a two-year service agreement.