Verizon's network is said to be more than capable of handling an influx of millions of iPhone users, even when offering them unlimited data service.

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Responding to rumors of an imminent Verizon iPhone launch, AT&T has countered by touting the speed of its network, which a recent study found to be 20 percent to 60 percent faster than competitors.

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Verizon may charge between $20 and $30 more than AT&T for the subsidized Apple iPhone price, due to the higher cost of CDMA wireless components, according to J.P. Morgan.

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Though the arrival of the iPhone on Verizon is expected to increase overall U.S. iPhone sales for Apple, the effect on carrier AT&T is expected to be significant.

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Analysts predict Apple's expansion of the iPhone to Verizon in the US will net 9 to 12 million iPhone subscribers this year, nearly as many as AT&T attracted in 2010.

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Verizon will reportedly announce the iPhone on Tuesday paired with its existing service plans, including an all-you-can-eat data plan, and become available to subscribers later this month.

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As speculation surrounding Verizon's iPhone reached a fevered pitch, the Wall Street Journal has confidently announced that the carrier has finally landed Apple's iPhone.

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A new report claims that Apple Chief Executive Steve Jobs will likely make an onstage appearance next Tuesday at Verizon's media event, which is rumored to contain the long-awaited announcement of a Verizon-compatible CDMA iPhone.

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Verizon has invited members of the media to an event next Tuesday, Jan. 11, in New York City, fueling rumors of an impending iPhone announcement.

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With Apple quietly issuing a retail employee vacation blackout period in the coming weeks, a new rumor suggests the Verizon iPhone will coincide with a debut on Thursday, Feb. 3.

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Apple is quietly prohibiting vacation days for some retail employees for three weeks beginning later this month, a move that could foreshadow a significant product introduction in the coming weeks, AppleInsider has learned.

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AT&T has revealed plans to launch new LTE deployment later this year, earlier than expected, with the expectation that the network would be "largely complete" by the end of 2013.

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New pictures claim to show a redesigned stainless steel frame for the iPhone, with new placement of black bands on the perimeter of the handset's frame, the metal band which also acts as the phone's antenna [update: video removed].

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The anticipated arrival of the iPhone on Verizon's network in the U.S. will not only increase sales of Apple's smartphone, but will also earn the company more respect on Wall Street, one prominent analyst believes.

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Apple is expected to hold an event "very soon," perhaps by Valentine's Day on Feb. 14, 2011, to unveil a new CDMA version of the iPhone compatible with U.S. carrier Verizon's network.

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Apple is working with carrier business teams at Verizon Wireless to "drive adoption of iPad in enterprise accounts," following an initial push aimed at consumers.

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A new report claims that Apple has raised its first quarter 2011 iPhone shipment target to 20-21 million units, including 14-15 million WCDMA iPhones and 5-6 million CDMA units.

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Apple co-founder Steve Wozniak wrote an open letter to the U.S. Federal Communications Commission in support of a free Internet, while the Commission approved rules in support of net neutrality with exemptions for mobile networks, citing Android's "openness" as a reason for more lax restrictions on cellular carriers.

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Verizon is "still excited" about launching Apple's iPhone early next year "to combat slowing Android momentum in the US," according to analyst Shaw Wu of Kaufman Bros.

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Piper Jaffray analyst Gene Munster expects Apple to sell just 2.5 million additional iPhones in the US by adding Verizon as a carrier early next year, bringing 2011's US iPhone sales to 20 million, with Verizon's sales largely coming at the expense of AT&T.

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