Report: Apple, Verizon in iPhone Talks
 New York
- Apple (NASD: AAPL) and Verizon (NYSE: VZ) have been in "high-level" talks for several
months on developing an iPhone compatible with the carrier's CDMA wireless
network, USA Today reported, citing "people familiar with the
situation." To date, Apple has only made deals with AT&T and other
carriers who operate on GSM, a different network standard, to carry the iPhone.
AT&T has the exclusive carrier rights for the iPhone in the U.S. until
2010.
Verizon counts some 80 million customers in the U.S., and is co-owned by Vodafone (NYSE: VOD), which sells
the iPhone in Europe.
Related Links:
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(USA Today)
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