The Motorola Razr phone is making a comeback.

The once-popular flip phone is being revived as a smartphone with a foldable screen and a starting price of roughly $1,500, according to people familiar with the matter, The Wall Street Journal reports.

The phone’s maker, Lenovo Group Inc., is partnering with Verizon Communications Inc. on an exclusive deal to begin selling the new Razr devices in the U.S. as soon as February, the people said.

The device is still being tested, and the timing of its release isn’t yet final and could change.