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The next version of iOS, iOS 4.3.2, will contain a fix for FaceTime on Verizon iPad units, as well as patch a few WebKit vulnerabilities in Mobile Safari, BGR reports.
The FaceTime fix might be aimed at Verizon iPad users, but the update itself should be available across iOS devices.
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As for when the new update will drop, that's anyone's guess. The update hasn't made its way to Apple's iOS Developer Portal, as a beta or a GM release, which could indicate the release is still a few weeks away.