‘USA Today’: Verizon rejected iPhone deal
Posted by Dennis Sellers 
Jan 29, 2007 at 7:44am
Verizon Wireless, the number two U.S. cellphone carrier, passed on the chance to be the exclusive distributor of the iPhone almost two years ago, balking at Apple’s rich financial terms and other demands, according to USA Today.
Among other things, Apple wanted a percentage of the monthly cellphone fees, say over how and where iPhones could be sold and control of the relationship with iPhone customers, said Jim Gerace, a Verizon Wireless vice president. “We said no,” he told USA Today. We have nothing bad to say about the Apple iPhone. We just couldn’t reach a deal that was mutually beneficial.”
Verizon’s decision sent Apple to Cingular, which will be the exclusive U.S. carrier for the iPhone. The multifunction device is due to ship in June with pricing starting at US$499.
Check out the offerings at Mac OS Ken and The Video Sandbox, Macsimum New’s media partners.
Leave a comment ⇒
Please post the article topic & comment in our forums. No registration required.
Article Information
Comment on this Article Print this Article Email this Article Digg This
Contributor
Dennis Sellers
Dennis has been a newspaper editor/reporter (seven years) and teacher (seven years). He has over 10,000 magazine, newspaper and online articles to his credit. He has also covered the Mac and tech industries for over a decade for such online publications as MacCentral, MacMinute and now MacsimumNews.
Recent Articles
