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  • Bloomberg: Verizon iPhone by Valentine's Day


    Bloomberg broke the story on Wednesday evening that Apple will hold one of its grand media events "very soon" - likely on or before Valentine's Day 2011 - to announce a new partnership with Verizon. According to the report, Apple will use this occasion to reveal a new CDMA version of the popular Apple handset - one that is compatible with Verizon's network.

    Customers are expected to stampede to the new pairing, leaving AT&T (T), until now the exclusive U.S. distributor of the iPhone, with an enormous problem.
    It is clear, however, that Apple will not be ending its relationship with AT&T. Instead, Apple will simply be ending its exclusive relationship with AT&T - an agreement that has been in place since the iPhone's 2007 debut. Bloomberg's coverage asserts that Apple's introduction of the Verizon iPhone will not take place at the Consumer Electronics Show in Las Vegas next week as initially thought. This information comes "a person familiar with Apple's plans who is not authorized to discuss them publicly."

    While many prospective iPhone buyers and current owners are dubious about the carrier expansion, AT&T has not taken any chances during the past twelve months. Like at no time before in the carrier's history, AT&T has been rolling out one promotion after the next to convince subscribers to extend their contracts for another two years. And, for the most part, it's worked. "In part by easing the cost of upgrading to Apple's new iPhone 4," Bloomberg reports, "it enticed 15 million of its 23 million iPhone subscribers to sign new two-year contracts."

    Bloomberg/Businessweek
    This article was originally published in forum thread: Bloomberg: Verizon iPhone by Valentine's Day started by Michael Essany View original post
    Comments 108 Comments
    1. skj8100's Avatar
      skj8100 -
      Quote Originally Posted by Team Infecti0n View Post
      Bloomberg? Finally a credible source huh?
      Good point
    1. Team Infecti0n's Avatar
      Team Infecti0n -
      Now that I think of it, Verizon's network doesn't support talk and surf the web at the same time, this came really handy with AT&T.
    1. Rob2G's Avatar
      Rob2G -
      Verizon Just sucks, Im sick Of their "Network" Standing over me while watching p0rn, the guy will the glasses looks to happy to be watching.
    1. Team Infecti0n's Avatar
      Team Infecti0n -
      Quote Originally Posted by Rob2G View Post
      Verizon Just sucks, Im sick Of their "Network" Standing over me while watching p0rn, the guy will the glasses looks to happy to be watching.
      Lol... xD
    1. EskimoRuler's Avatar
      EskimoRuler -
      Quote Originally Posted by Westerman View Post
      I believe it when i see it.
      Not saying its not going to happen just alot of people have been waiting a while for it.
      And whats this 2 years now of rumors?
      Same here. I just want to see if the iPhone on verizon is going to better than on AT&T. Because I don't think it's going to be
    1. mikerlx's Avatar
      mikerlx -
      We don't know anything for sure. Do u really think the rates are going to change for a verizon CDMA iPhone? Prolly stay same as att or increase!
    1. StealthBravo's Avatar
      StealthBravo -
      I would think it will be very similar at first
    1. smo69's Avatar
      smo69 -
      You don't severely damage a contractual relationship like that without litigation. Apple better have it's lawyers prepared.