whopping $60 off the $199.99 price of the phone at Verizon. To get this price, you need to activate a new line and sign a two-year contract. For those who are already Verizon customers and wish to upgrade, the Samsung Galaxy S III will cost $10 more or $149.99 with a new two-year pact. That deal saves existing customers $50 which is still a substantial savings.
Amazon's deal is for a limited time only, so if you've already decided on the Samsung Galaxy S III as your phone and Verizon as your carrier, you might want to take advantage of the deal before it goes away.
source: AmazonWireless via AndroidAuthority