Verizon Wireless will be selling the iPhone in January, according to a report filed by Bloomberg. Representatives from both Apple and Verizon did not comment on the matter, but Bloomberg is extremely confident about this one having verified it with two sources “who declined to be named because the information isn’t public.” Let’s just hope this Verizon iPhone has a better antenna system than the iPhone 4 as we know it.
The iPhone, which has been the sole domain of rival AT&T in the U.S. since June 2007, will give Verizon a boost in its competition for smartphone customers, UBS AG analyst John Hodulik said in an interview. Verizon customers, who numbered 92.8 million at the end of the first quarter, may buy 3 million iPhones a quarter, he estimates. “Apple is going to dramatically increase the number of devices it sells in the U.S. when exclusivity at AT&T ends,” said Hodulik, who is based in New York and rates Verizon shares “neutral.” “It’s hard to ignore the quality issues that AT&T has faced.”