Paper Industry News
Verizon may get iPhone paper says
Tuesday, 30, March 2010
Apple Inc., trying to build on the success of its iPhone, is developing two new versions, one of which will work over the Verizon Wireless network, The Wall Street Journal reported, citing people briefed on the matter.Mass production of the Verizon Wireless phone is scheduled for September, said the newspaper, which didn’t name the people. The other new iPhone may debut this summer, the Journal said.
AT&T Inc. has been the exclusive US carrier for the iPhone since its debut in 2007, gaining an advantage over rivals in the smartphone market. An agreement with Apple would let Verizon Wireless tap rising demand for the iPhone, which has sold more 42 million units.The iPhone, which lets users surf the Web, listen to music, and watch videos, consumes about twice the bandwidth of other smartphones, according to Sanford C. Bernstein & Co. That’s strained AT&T’s network, particularly in major cities such as New York and San Francisco, AT&T wireless chief Ralph de la Vega said in December.
