“Verizon Wireless and AT&T Inc. will sell a version of the coming iPad that runs on their newest fourth-generation wireless networks, according to people familiar with the matter, as the battle to cash in on big investments in mobile broadband heats up,” Spencer E. Ante and Jessica E. Vascellaro report for The Wall Street Journal.
“Apple Inc. appears to be planning to announce the latest version of its tablet computer in the first week of March, according to another person briefed on the matter,” Ante and Vascellaro report. “Whether other carriers will also sell the device couldn’t be learned. Sprint Nextel Corp., T-Mobile USA and Apple declined to comment.”
“AT&T and Verizon Wireless are the only two U.S. carriers that currently sell the iPad, and are also the only two that offer the fast, next-generation wireless technology known as LTE… Verizon Wireless, the country’s biggest wireless carrier by subscribers, has invested heavily in its LTE network, which now covers more than 200 million people. AT&T, Verizon Wireless’s biggest competitor, is playing catch-up. Its LTE network covered 74 million people at the end of last year. Chief Executive Randall Stephenson says the network will cover 80% of the U.S. population in 2013.”
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MacDailyNews Take: Take it to the bank.