iPhone 5 with LTE could be boon for Verizon
To date, AT&T has been the primary Apple partner when it comes to the iPhone. Even with competition from Verizon and Sprint, AT&T has sold more iPhone units. Apple’s move to support LTE, however, may change that equation.
Why? Verizon CFO Fran Shammo said Wednesday at a Merrill Lynch investment conference that the telecom’s LTE footprint will be the equivalent to its 3G coverage by mid-2013. AT&T is racing with its LTE build-out and Sprint is just getting started, but neither carrier will have Verizon’s 4G coverage for months to come.
The upshot here is that iPhone users, who have been…
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