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

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 15,406.77 71.49 0.47%
Nasdaq 3,508.07 11.64 0.33%
S&P 500 1,672.36 6.07 0.36%
Treasuries 1.93 -0.03 -1.73%
Data as of 1:58pm ET
Company Price Change % Change
Bank of America Corp... 13.46 -0.05 -0.35%
Ford Motor Co 14.99 -0.06 -0.37%
Microsoft Corp 35.03 -0.05 -0.14%
Advanced Micro Devic... 4.06 -0.04 -1.10%
Cisco Systems Inc 23.86 -0.09 -0.35%
Data as of 1:43pm ET
Sponsors

Sections

CEO Tim Cook faces harsh criticism at Senate hearing on Apple's overseas tax policies. More

Apple executives including CEO Tim Cook are due to appear before a Senate subcommittee on Tuesday, as lawmaker study how multinationals keep profits offshore for tax purposes. More

Microsoft unveiled the Xbox One on Tuesday, and with it comes the next generation of content for its Kinect motion control technology. More

Only a tiny fraction of small businesses must comply with new Obamacare rules. And most of them are already providing insurance to employees. More

While the average African American is feeling more financially secure, many still feel neglected by the financial industry, new research shows. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2013 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2013 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2013. All rights reserved. Most stock quote data provided by BATS.