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iPhone coming to Verizon

iPhone coming to Verizon

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Pursuitist Luxury Best Luxury Blog

Confirmed by the Wall Street Journal, the iPhone is coming to Verizon. AT&T have lost their exclusive grip on Steve Jobs’ wonder-phone — and I’m wondering how many people will switch from AT&T to Verizon?

The largest U.S. wireless carrier will make the long-awaited announcement at an event Tuesday in New York City, a person familiar with the matter said Friday. The move will for the first time let U.S. consumers choose the network that carries their iPhone and perhaps give them additional pricing options that could affect their monthly bills. It will also upend the balance of power in the industry, ending Verizon rival AT&T Inc.’s exclusive hold on the device and leaving smaller players like Sprint Nextel Corp. and T-Mobile USA facing two well-capitalized competitors offering the world’s most popular smartphone. It wasn’t immediately clear when Verizon would have the device in stores. The Verizon phone will be similar to the iPhone 4 but run on the carrier’s CDMA technology, people familiar with the matter have said. – read more at WSJ

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