Around the Net

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

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."

advertisement

advertisement

Read the whole story at Wall Street Journal »

Next story loading loading..