• VentureBeat, Tuesday, September 21, 2010 12:05 PM

If Verizon ever does get the iPhone, what impact will it have on the market? A new report from Credit Suisse suggests that an as many as 1.4 million AT&T subscribers will change carriers. As VentureBeat notes, Credit Suisse's report relies on a supposed February 15 launch of the Verizon iPhone, based on a Bloomberg report, along with and other mounting evidence. The survey conducted by Credit Suisse indicated that a full 23% of AT&T iPhone users would switch to Verizon given the opportunity -- "even though most of them are under contract and only 3 percent of the survey respondents said they would break their current contract," writes VentureBeat.

Meanwhile, about 18% of iPhone users said they would switch to Verizon after their contracts expired. Credit Suisse estimates that AT&T's net new subscriptions will be about flat for 2011 as users flock to Verizon and other carriers when AT&T's iPhone exclusivity expires, versus an expect 1.5 to 2 million new subscriptions by a consensus of analyst estimates. Meanwhile, the rate at which subscribers leave AT&T will also go up slightly in 2011, to about 1.3% -- compared to 1.1% in 2010, according to the Credit Suisse report.

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