New CDMA Device Could End AT&T's Domestic Grip On IPhone

Wall Street Journal, Tuesday, March 30, 2010 10:48 AM
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Apple plans to release an iPhone this year that will work on CDMA -- the type of wireless network that carriers such as Verizon Wireless and Sprint Nextel use -- effectively ending AT&T's monopoly on the popular device in the U.S., sources tell Yukari Iwatani Kane Ting-I Tsai and Niraj Sheth.

The move could open up a significant new market for Apple. In 2009, iPhone sales globally rose 83% to 25.1 million, far outpacing the 20% to 25% growth in smart phones sales overall, according to Sanford C. Bernstein & Co. data. Apple is also said to be planning a new version of its current iPhone for release this summer.

As is usual, Apple has nothing to say about the reports. An AT&T spokesman cites long-time errant speculation about CDMA iPhones and adds, "we haven't seen one yet and only Apple knows when that might occur."

Read the whole story at Wall Street Journal »
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