AT&T may lose Apple iPhone's exclusivity, CEO says.AT&T may lose its exclusive deal with Apple for iPhone, which lifted its third-quarter profit with 3.2 million activations over the period, AT&T Mobility CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. intimated on Thursday during a conference call with analysts. AT&T reported 2.0 million increase in total wireless subscribers, which is the highest third-quarter net gain in the company's history and bringing its subscribers to 81.6 million in total. It saw a number of 3.2 million iPhone activations, of which 40% are new customers to AT&T, marking the company's largest quarterly total to date. While AT&T beat profit expectations on Wall Street with the help of iPhone, the company will not have exclusive access to Apple's handset The part of the telephone that contains the speaker and the microphone. On a desktop phone, the part you hold in your hand is the handset. On a cellphone, the entire phone is the handset. See multihandset cordless and headset. forever, said Ralph de la Vega Ralph de la Vega, a native of Cuba, is the President and CEO - AT&T Mobility.Previously, he was the President of Latin America Operations, and the President of Broadband and Internet Services for BellSouth's operations in ten countries (Argentina, Uruguay, Colombia,Venezuela, , CEO of AT&T Mobility. With few details provided, de la Vega de la Vega is a common surname in the Spanish language meaning "of the plain" and may refer to: People (arranged by date of birth)
"We have a legacy of having a great portfolio... that will continue after the iPhone is no longer exclusive to us," de la Vega said. "We think we will continue after the iPhone... to drive (results)." He expected its High Speed Packet Access (HSPA (High Speed Packet Access) A family of high-speed 3G digital data services provided by cellular carriers worldwide that use the GSM technology. HSPA service works with HSPA cellphones as well as laptops and portable devices with HSPA modems. ) 7.2 technology to be the next pipeline for continued growth. "Even if we lose exclusivity, we will be the only carrier with HSPA 7.2 and (new devices) will work on our network faster," de la Vega said. "I feel as strongly as ever (about the capability of devices in our lineup A criminal investigation technique in which the police arrange a number of individuals in a row before a witness to a crime and ask the witness to identify which, if any, of the individuals committed the crime. )." However, industry analyst holds a different view about AT&T's loss of iPhone deal. "It will be very negative for AT&T as the popular handset is its tremendous growth engine," said Brian Marshall, anaylyst at Broadpoint AmTech in a phone interview. Apple starts its exclusivity deal with carrier in the middle of 2007, but now they prefer multiple carriers for the handset, said Marshall. Marshall noted it's not AT&T will lose its iPhone exclusivity but the iPhone exclusivity won't exist in U.S. soon. "It will end forever," Marshall said. He also predicted that Verizon may become the next iPhone carrier in the U.S by 2010, despite the fact that it recently teamed with Google and Motorola to take on Apple and AT&T. Apple has begun to end its overseas iPhone exclusivity with multi-company agreements reached in the U.K. and Canada. Apple's recent Unicom contract to sell iPhone in China is non-exclusive as it's hoping to ink a second deal with China Mobile, the world's largest mobile operator. People have been speculating if the trend also applies to U.S. market as Apple's exclusive deal with AT&T will expire expire /ex·pire/ (ek-spi´er) 1. to exhale. 2. to die. ex·pire v. 1. To breathe one's last breath; die. 2. To exhale. by next June. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Morgan Stanley Apple is not available for immediate comment on whether it's to end iPhone exclusivity in the U.S. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion