Talk of a Verizon iPhone settled down in recent months, but Peter Misek is re-igniting the fire, predicting that it is a likely announcement for the coming Apple media event. The Canaccord Adams analyst says that it will likely be alongside an introduction to iPhone OS 4.0 at the event scheduled to take place at the Yerba Buena Center for the Arts in San Francisco. Steve is known for his signature "One more thing..." announcements, often saving some of the most impressive or surprising announcements for last, and Misek believes his next one will be a Verizon iPhone, according to intel from "industry sources".
According to a report from UBS Investment Research analyst Maynard J. Um, Apple and Verizon are currently in talks about a Verizon iPhone launch in the summer of 2010, but are in disagreement over pricing. Rumors of negotiations have been floating around since last fall, but many are still skeptical that Apple would make a CDMA-enabled handset. According to Mr. Um, it's true, but pricing is still being negotiated.
Verizon, the largest wireless provider in the U.S., is reportedly investing in its network to make it capable of handling extra traffic from Apple's iPhone, a company official said. Recently, Anthony Melone, Verizon Wireless' chief technology officer, said his company is prepared if Apple decides to end its exclusive agreement with AT&T in 2010.
"We have put things in place already," Melone reportedly said. "We are prepared to support that traffic." The company official did not, however, comment on the prospect of the iPhone becoming available on Verizon.
In the latest research note from Piper Jaffray analyst Gene Munster, he makes note of fellow analyst Chris Larsen's prediction that there is a 70% chance of the iPhone reaching Verizon. Sillicon Alley Insider notes several factors that bode well for a Verizon iPhone.
The fabled and long-anticipated deal between Apple and Verizon may take longer than previously expected according to Kaufman Brothers analyst Shaw Wu. AT&T's exclusive hold on the American iPhone is expected to end in summer 2010, and Wu noted that adding Verizon to the list of carriers could open up a market of 89 million potential US customers, greater than AT&T's current 82 million.
AT&T will likely push to have the contract extended into 2011, Wu commented. A more significant problem is said to be the "conflicting interests" of Apple and Verizon. Both companies are described as driven by a desire for high profits, as well as customer control (Apple through iTunes, and Verizon through V CAST). Verizon may in fact intend to offer its own mobile app store, though it has not announced any formal plans
Although it's been fun watching Verizon and AT&T compare 3G maps in recent ads as well as launch lawsuits at each other over this, the hostilities may have ended. On Wednesday, the two wireless companies reportedly ceased hostilities, which kicked off earlier this year when Verizon launched a series of ads deriding AT&T’s poor 3G coverage. In response, AT&T opted to take the litigious road to Verizon’s low road, asking a federal judge to stop the ads, which it called misleading, from airing; that request was ultimately denied. The suit AT&T filed also sought damages and a preliminary hearing was set for December 16th.
A series of comments expressed by Broadpoint AmTech analyst Brian Marshall on Friday have garnered a fair amount of attention over the weekend. Key among these is Marshall's claim that AT&T's exclusive agreement to distribute the iPhone in the U.S. will expire in June 2010, opening the door for other carriers to begin offering the device. Marshall's comments specifically point to Verizon as a carrier with which Apple would likely look to partner, with rumors of revised iPhone hardware capable of running on Verizon's network suggesting that a late 2010 launch could be possible.
Since AT&T's request to have Verizon's ads temporarily pulled from the air has been denied, AT&T has begun airing their own commercials to respond to Verizon. The ad features a quizzical Luke Wilson pointing out which company has the fastest 3G network, the ability talk and surf at the same time, access to over 100,000 apps, and more.
Honestly, I'm not too sure if AT&T should start throwing some of these claims around; they may have a counter-lawsuit coming their way. Maybe Luke should have just asked "which network has the iPhone?" Ad follows below!
A federal judge has denied AT&T's request to temporarily block Verizon Wireless from airing advertisements comparing coverage maps for Verizon's and AT&T's 3G data networks. AT&T argued that the ads were "misleading," as some would misinterpret AT&T's comparatively sparse 3G coverage map as a map of their actual network, making it appear that there was no service available in those areas not covered on the map.
It's sort of like putting feuding siblings in the same room, but without the hope for eventual reconciliation. Earlier this month, wireless carrier AT&T filed suit against rival Verizon over a series of Verizon commercials attacking AT&T's wireless network, claiming that the ads were "blatantly false and misleading". Late Monday, it was reported that Verizon had filed a 53-page legal response to the lawsuit, and taken the opportunity to focus the case on what it claims is AT&T's failure to commit the resources to build out its network appropriately.