VZ Transfer is a new application that allows existing Verizon customers to restore their contacts to a Verizon iPhone. Providing you have used Verizon Backup Assistant to back up your contacts, they should be restored to your new handset “within minutes.”

As Verizon states, in the app’s release notes:

This application is only for Verizon wireless users. Download the free application to transfer your contacts from your Backup Assistant device to your new device. All your contacts will be transferred to your new device with in minutes.

Handy, don’t you think? If you’re planning on grabbing a Verizon iPhone, you should definitely take a look at this app. It’s available for free in the App Store.