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Carriers vie for iPhone 5 business PLEASE NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIAL The iPhone 5, Apple's latest and greatest rollout, was greeted with the typical fan frenzy Friday around the globe. For mobile phone carriers AT&T, Verizon Wireless and Sprint Nextel, it means big business. All three carriers ramped up their 4G LTE networks, used by the iPhone 5, to handle ultra fast downloads and high definition video. Jim Moorman, S&P Capital IQ Equity Research: SOUNDBITE: JIM MOORMAN, SENIOR CAPITAL ANALYST, S&P CAPITAL IQ EQUITY RESEARCH (ENGLISH) SAYING: "I think a lot of people are trying to drive home the importance of LTE and the speed that comes with it, I think beyond that and the coverage that Verizon has, I think Sprint has a little bit of a competitive advantage as well as Sprint is one of the last carriers to be offering the iPhone 5 along with an unlimited data plan." But AT&T, the first to sell the iPhone in its infancy, offers technology the others do not: the ability to be on a call and search the internet at the same time. What all three carriers do have in common is a margin squeeze as they cut the cost of the $600 iPhone 5 to attract customers. Weston Henderek of Current Analysis: SOUNDBITE: WESTON HENDEREK, PRINCIPAL ANALYST, CURRENT ANALYSIS (ENGLISH) SAYING: "Generally speaking people are paying $199 for the entry level iPhone 5 and up from there but they are certainly not paying the full retail price so the carrier even when you sign your <b>...</b> |
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Carriers vie for iPhone 5 business
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