Verizon CEO: We don’t need no stinkin’ iPhones

“With the Apple iPhone launch less than two weeks away, Verizon sees its services and not a new iPhone-killing handset as the way to compete against rival AT&T, said CEO Ivan Seidenberg,” Marguerite Reardon reports for CNET News.

“When asked if he thinks the company will take a hit from subscribers ditching Verizon Wireless’ service for AT&T’s he said he believes that Verizon is in a very good position. Verizon Wireless has long enjoyed strong customer loyalty with one of the lowest churn rates of any major wireless operator in the country,” Reardon reports.

MacDailyNews Take: You’ve got about 9 days left of enjoyment, Mr. Seidenberg.

Reardon continues, “‘The iPhone will add excitement and stimulation to the market,’ he said. ‘If we have done our job, then we will be a beneficiary. I hope it does reasonably well.’ But a ban imposed earlier this month by the International Trade Commission on handsets that contain some 3G, or third-generation, Qualcomm technology could throw a monkey wrench into Seidenberg’s plan, if the issue isn’t resolved.”

Full article here.

[Thanks to MacDailyNews Reader “Adam W.” for the heads up.]

181 Comments

  1. “With the Apple iPhone launch less than two weeks away, Verizon sees its services and not a new iPhone-killing handset as the way to compete against rival AT&T”

    Well that says it all, folks. Services.
    The Misunderstanding of the American Consumer Market is complete.

    This is gonna be a blood bath.

  2. In Denmark the carriers can only bind you for a period of 6 months, so once (if) the iPhone is released here, the waiting time to cut loose from your carrier is a lot less. Actually I get my phones unlocked and use a cheapo sim card. Better in the long run.

  3. Narrow minded thinking.

    Verizon’s customers aren’t going to jump ship, but Sprint and T-Mobile customers (myself included) are going to run to every Apple store and At&t store come June 29th.

    The enemy of my enemy is my friend.

  4. In other words, Verizon isn’t even going to try to fight it. At least the guy is more realistic than these other idiots out there claiming they will have an “iPhone equivalent” coming out within 2 months….

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