Report: Prada phone is Verizon's iPhone-killer

A recent USA Today article claimed that AT&T has a five year exclusive contract with Apple for the iPhone, during which time Apple cannot make a CDMA version of the handset. In the same article, Verizon Wireless COO Denny Strigle says, "We do have a very good response in the mill. You'll see that from us in the late summer." The Street predicts that the LG Prada phone, the KE 850, is Verizon's response. A Verizon Wireless representative, however, says "We have several music devices coming" including the LG Prada, "but there are others." The Prada phone is just as pricey as the iPhone: $600 (the iPhone is expected to be $500), but Verizon Wireless could subsidize the Prada, a move AT&T has already rejected for the iPhone.

For more on the iPhone vs. Prada phone:
- read this report from The Street
- check out this write-up on the AT&T-iPhone five year exclusive

Suggested Articles

Dish Networks continues to lend out its spectrum resources to carriers so they can bolster capacity during the COVID-19 crisis.

WISPs received permission to use 45 MHz of 5.9 GHz spectrum to help meet the surge in demand as a result of the coronavirus pandemic.

AT&T introduced a new low-cost wireless plan for Cricket and AT&T prepaid customers, along with additional data allowances for two months.