The dispersion for the 1d chain of harmonic oscillators is
$\nu = \sqrt{\frac{\alpha}{m}} \frac{|\sin(\pi k d)|}{\pi}$
Where I'm explicitly not using angular frequencies ($\nu = \frac{1}{T}, k = \frac{1}{\lambda}$), $d$ is the lattice spacing, $\alpha$ the spring constant. The phase velocity would be
$V_{p} = \frac{\nu}{k} = d\sqrt{\frac{\alpha}{m}} \text{sinc}(\pi kad)$
If $k \rightarrow 0$ then $\nu \rightarrow 0$ so all solutions become constants (they lose their oscillatory parts) but the phase velocity becomes $V_{p} = d\sqrt{\frac{\alpha}{m}}$.
Why is there still a finite phase velocity? If I take the continuum limit of $d\rightarrow 0$ I get that the medium becomes a dispersionless string but this seems quite different than an arbitrary translation.