It's alive. The budget-friendly Samsung Exhilarate was announced alongside several other LTE phones at the AT&T Developer Summit in January, and we never heard about it since. Pricing, availability and most other major details were left out of the conversation, but it turns out this isn't another case of the Skyrocket HD (a phone that was announced at the same time but was eventually cancelled). The Exhilarate will finally arrive on June 10th and can be yours for $50.
Engadget, AT&T officially acknowledges Samsung Exhilarate's existence, will be available on June 10th for $50
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