AT&T Inc. will have plenty of company selling service to iPhone users in the second half of the year, if analyst Tim Horan at Oppenheimer & Co. is correct.
In a note to investors this week, Horan wrote that he thinks AT&T’s (NYSE:T) exclusivity on the popular Apple Inc. device will end by midyear and that all leading providers will jump in. Horan predicted that T-Mobile USA Inc. would be the first with the phone during the summer, with Verizon Wireless and Sprint Nextel Corp. (NYSE: S) arriving in the fall, and Clearwire Corp. coming on board in 2011.
Looks like Sprint Nextel is trying to stay ahead of the game and maybe beat Verizon to the iPhone punch. It needs something big to keep their run rate under control
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