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Verizon Wireless to Sell the iPhone in 2011?
By Mike Cole
Verizon Wireless is expected to begin offering the Apple iPhone in January, when AT&T's exclusive right to sell the device expires, according to a report from Reuters and other news outlets.
In the Reuters news story, UBS analyst John Hodulik predicts that Verizon Wireless could sell upwards of 12 million iPhones in the first year and draw as many as four million new wireless customers.
Spokespeople from Apple and Verizon Wireless declined to comment.
Verizon Wireless had 92.8 million subscribers at the end of the first quarter, after adding 1.6 million during the period.
AT&T, the second-largest wireless carrier, had 87 million subscribers, after adding 1.9 million during the first quarter.
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