AT&T would likely be aggressive in retaining the exclusive deal with Apple, however, because it has successfully poached numerous subscribers from rivals before.
Apple and Verizon (NYSE: VZ) Wireless are in "high-level" talks about breaking AT&T (NYSE: T)'s exclusivity regarding the popular iPhone, according to a report by USA Today.
Citing people familiar with the situation, the report said the iPhone could potentially find its way onto Verizon's networks as early as next year. The move would give Apple access to about 80 million new Verizon customers, and it would enable Verizon to stem the tide of subscribers defecting to AT&T to nab Apple's touch-screen smartphone.
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