Verizon in Negotiations With Apple Over iPhone Pricing
Submitted by Bob Bhatnagar on
With the exclusive iPhone deal between AT&T and Apple ending this summer, Verizon is reportedly in negotiations with Apple to offer a CDMA version of the device on its network this year. Maynard Um from UBS Investment Research wrote a note to investors that stated, "We believe a CDMA-iPhone is also in the works, though we believe Verizon Wireless and Apple may currently be apart on pricing."
Um's research points to a new iPhone release this summer, including a CDMA network compatible iPhone for Verizon or other CDMA carriers in Japan and China. Ongoing negotiations between Verizon and Apple have been rumored to be happening frequently in recent months. The release of a Qualcomm hybrid chipset that supports multiple wireless network technologies has also added to speculation.