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The highly anticipated Windows Phone 8.1 update is within sight. Microsoft officially confirmed the release date by publishing it on their lifecycle page, where the update is set for June 24th.



From Neowin:
After many months the latest release is finally at our doorstep, Microsoft will finally begin the process of rolling out the much anticipated Windows Phone 8.1 update. The company will start this lifecycle on the 24th of June where incremental updates will pop up on our screens for the next three years. Of course the first couple will include the much discussed UI changes and AI Cortana, with the rest being primarily security and bug patches. We may see some other smaller features like we did with the Data Sense update for Windows Phone 8 last year.

Microsoft states that your network provider and manufacturer have control over who receives 8.1, and update availability will depend on your hardware capability and country.
  Microsoft officially confirms Windows Phone 8.1 will begin rolling out in June