Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

Verizon plans special event next week - iPhone time!?

verizon_iphone.top.jpg Laurie Segall, staff reporter


NEW YORK (CNNMoney) -- Verizon CEO Ivan Seidenberg's Consumer Electronics Show keynote Thursday was a snoozathon, but the company sent an electric jolt through the tech world on Friday with a bright-red invitation to a press event on Tuesday.

Scheduled for early January 11 -- 1/11/11 at 11 a.m., to be precise -- in New York City, the event looks likely to be Verizon's long-awaited, widely leaked but never officially announced unveiling of a Verizon iPhone.

The Wall Street Journal confirmed that late Friday, citing a source "familiar with the matter."

Numerous media outlets, including Fortune, have confirmed with sources that the iPhone would come to Verizon's network in early 2011, but so far Apple (AAPL, Fortune 500) and Verizon (VZ, Fortune 500) have stayed mum about their launch plans and timing.

The move will end AT&T's four-year run as the iPhone's exclusive carrier.

Apple and Verizon have gradually deepened their relationship over the past year and set the stage for an iPhone rollout. In October, Verizon began selling Apple's iPads in its retail stores and offering a wireless plan to let customers use the device on its own network.

So is this doomsday for AT&T (T, Fortune 500), which is infamous for its high levels of customer dissatisfaction, especially among iPhone owners?

Not quite. Don't miss our analysis of why -- counter to the conventional wisdom -- this won't be a disaster for AT&T.  To top of page

Index Last Change % Change
Dow 18,453.51 -20.24 -0.11%
Nasdaq 5,126.25 16.20 0.32%
S&P 500 2,162.05 -7.13 -0.33%
Treasuries 1.54 -0.02 -1.47%
Data as of 1:32pm ET
Company Price Change % Change
Apple Inc 103.06 6.39 6.61%
Bank of America Corp... 14.54 0.01 0.07%
Freeport-McMoRan Inc... 12.95 0.27 2.13%
Chesapeake Energy Co... 5.16 -0.19 -3.55%
Coca-Cola Co 43.24 -1.65 -3.67%
Data as of 1:17pm ET
Sponsors

Sections

HSBC banker arrested at JFK airport as he prepared to leave the country. He and former trader face federal charges they manipulated currency trades. More

Donald Trump loves to talk about Ronald Reagan's trade tactics against Japan. But some experts say Reagan's actions hurt U.S. jobs. More

A lawyer and artist in Washington D.C. bought the ClintonKaine.com domain for $8 in 2011. That prescient decision could yield him tens of thousands now. More