BlackBerry has stated that they will not discontinue BB7 OS and will launch devices with BB7 OS soon. Now thaibclub has posted images of alleged BlackBerry Bold 9720 which will run BB7.
This will be a QWERTY device and as it runs on BB 7 OS then it will have same features as we had seen in earlier devices. Phone seems quit thick and it has striped like back which will provide better grip.
This phone will run on BB 7.1 OS and will have 3G and WiFi, nothing more is yet know in terms of specs but we are hoping it soon.