Verizon Picks Up iPhone

Tuesday, January 11, 2011 - 10:13am

Move could have big impact on both Verizon and AT&T.

The world got a gander at the latest in gadgets and gizmos last week at the Consumer Electronics Show in Las Vegas, but news about a gizmo that's already out is expected to dwarf anything we heard about last week.

The iPhone is finally coming to Verizon, the nation's largest wireless carrier.

The chatter intensified last year with the debut of iPhone 4, and was fueled in part by customer complaints about AT&T's network reliability.

The country's #2 wireless carrier has acknowledged that the iPhone's popularity and the usage associated with it taxed its network more than expected.

With Tuesday's expected announcement Verizon will have a chance to show how well it can handle the iPhone load.

"It's important to give it six to nine months to see what affect it has on their network and what effect potential defections have on AT&T," says senior editor Brian Cooley. "It'll help us get to the bottom of the whole network race, who's better."

AT&T says it sold more than 11 million iPhones during the first nine months of 2010.

Analysts expect Verizon could sell between 9 and 12 million iPhones this year.

Among the questions yet to be answered is whether Verizon's iPhone will be an updated variation of the one currently available, and going forward, to what extent will Verizon's gain be AT&T's loss?

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