Verizon’s CFO Talks About Next Gen iPhone

Submitted by lalit on May 19, 2011 - 11:03pm.

Verizon’s Chief Financial Officer Fran Shammo talked about next generation iPhone at Reuters Global Technology Summit. He said that when the next iPhone model launches, Verizon would be able to offer it at the same time as AT&T because the new iPhone will have multimode chipset that will support both CDMA and GSM networks.

Shammo also almost confirmed that next generation iPhone wouldn’t support LTE network by saying even if the next iPhone doesn’t support LTE, Verizon will have enough high-speed alternatives to sell.

"I think it's a bigger issue for Apple than it is for us," he said. "Depending on where Apple plays, that's where we'll sell."

Shammo also talked about upcoming Verizon data plans for family and individuals, competition with AT&T and prepaid services at the summit. Check out the complete article on Reuters’ website.