“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.]