Answer
$1hr 1min$
Work Step by Step
Step 1. Assume they can talk $x\ hr$.
Step 2. The leg dimensions of the right triangle formed after this time are: $2.5x$ and $3x$
Step 3. They will reach the limit when the hypotenuse is $4\ mi$, use Pythagorean Theorem, we have:
$(2.5x)^2+(3x)^2=4^2$ or $15.25x^2=16$
Step 4. Take the positive solution from above, we have $x\approx1.0243\ hr \approx 1hr 1min$