mocoNews - Verizon Doesn't See iPhone This Year
Thursday, May 21, 2009; 8:00 AM
Will the iPhone ever make it to Verizon? Much has already been written as to whether the US's largest carrier will be able to sell the device once AT&T's exclusive contract to carry it expires next year, though a firm answer remains elusive. At the Reuters Global Technology Summit, CFO John Killian refused to answer the question, reports Reuters, pointing out instead that its strategy is to have multiple devices, and that their smartphone and data business "is growing incredibly nicely."
When pressed, Killian, added, "?We're going to have a series of introductions this year, we're not dependent on any one vendor." Reuters tried once again for an answer, asking if Verizon (NYSE: VZ) might not be missing out on the "publicity that all things iPhone get." Killian responded, "I don't want buzz, I want volumes, cash flow, profitability. I want things that allow us to do that and I think our lineup is allowing us to do that."
But there's also one thing that Killian said that doesn't completely rule it out and leaves the door open for at least 2010. He told the newswire, "?We don't feel we're going to be at a market disadvantage in the PDA space as we go through today or 2009." In an interview in April with the WSJ, Verizon CEO Ivan Seidenberg said that it was "more likely" that Apple (NSDQ: AAPL) would work with the carrier once its 4G network was up and running (slated to roll out first in 20-30 markets in the second half of 2010), as it runs on the same technology standard as AT&T's.