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Verizon has announced that it will carry LG’s upcoming Fathom phone, a Windows Mobile 6.5-powered device that will be one of the first to offer Microsoft’s new mobile Office suite.

In addition to full access to Powerpoint, Word, and Excel, Office Mobile 2010 has integrated Sharepoint functionality and a seamless Exchange client.

The Fathom has a 3.2-inch WVGA touchscreen, a 1 GHz snapdragon processor, micro SD card support, a 3.2-megapixel camera, Wi-Fi connectivity, and a slide-out Qwerty keyboard.

It will be one of the staggering Windows Mobile 6.5 phones to come out as the lame duck mobile OS prepares to be replaced by Windows Phone 7, a brand new platform that will not be backwards compatible with Windows Mobile firmware.

The LG Fathom will be heading to Verizon’s business channels. It is heading out to distribution markets this week and will be available in stores by June 3.

The device will retail for $150 after a mail-in rebate and a two-year contract subsidy.