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

Just the hot list include
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 24,437.50 -220.30 -0.89%
Nasdaq 7,713.07 -68.44 -0.88%
S&P 500 2,747.65 -19.67 -0.71%
Treasuries 2.90 -0.03 -1.06%
Data as of 3:24pm ET
Company Price Change % Change
Advanced Micro Devic... 15.76 -0.76 -4.63%
Micron Technology In... 60.14 1.20 2.03%
General Electric Co 12.71 -0.17 -1.32%
Bank of America Corp... 29.34 0.10 0.32%
Intel Corp 52.40 -1.06 -1.98%
Data as of 3:09pm ET
Sponsors

Sections

The majority of tax filers will see a federal tax cut this year. But a new analysis finds there can be notable differences in how big the average cuts will be in a given income group based on where filers live. More

Russian trolls posing as an American college student tweeted about divisive social, political and cultural issues using an account that amassed thousands of followers -- and appeared in dozens of news stories published by major media outlets -- as recently as March. More

Thinking of splashing out a lot of money on fancy new car or dream vacation? Ask yourself these six questions to avoid financial chaos. More