The Motorola Mobility chairman and CEO Sanjay Jha is defending the $799 price tag of the Motorola Xoom tablet. The Xoom tablet runs on Android 3.0 Honeycomb operating system. The $799 32GB tablet runs on 3G and the WiFi version costs $599. Jha is defending the price because the device is compatible with Verizon’s 4G network. “We felt that our ability to deliver 50Mb/s would justify the $799 price point. It is 32GB with 3G and a free upgrade to 4G. Being competitive with iPad is important. We feel that from the hardware and capabilities we deliver we are at least competitive and in a number of ways better [than the iPad],” said Jha in an interview with The Wall Street Journal.