The saga of the Red RAZR V3 is surprisingly long. Initially, Motorola intended to offer a Red RAZR, only to realize that they had promised Sprint an exclusive on the color, via Sprint’s temporary partnership with PRODUCT RED for the Motorola V3m. This caused AT&T’s RAZR V3i to be titled “Fire Red” as opposed to the standard red color.
Now that Sprint has discontinued the RAZR, it appears that exclusivity has ended, and AT&T can now formally sell a Red RAZR. The Red RAZR retails for the same price as the Blue RAZR on prepaid, for $139.99 without contract.