September 19, 2007 / 3:50 PM / 12 years ago

Vodafone: iPhone impact on Verizon was temporary

NEW YORK (Reuters) - Verizon Wireless saw some subscribers defect to AT&T Inc (T.N) to get the iPhone but the impact was short-lived, said one of Verizon’s parents, Vodafone Group Plc (VOD.L), on Wednesday.

Vodafone Chief Executive Arun Sarin said on Wednesday that right after the iPhone was launched in late June, some Verizon Wireless customers moved, or ported, their numbers to AT&T.

“Porting ratios went negative but a month afterward porting ratios were back,” he said, adding that a similar trend occurred

when Apple Inc (AAPL.O) cut the price of its iPhone to $399 from $599 earlier this month.

“Porting ratios go negative then two weeks later were back to normal again,” he said.

Vodafone owns 45 percent of Verizon Wireless, the No. 2 U.S. mobile service. Verizon Communications Inc (VZ.N) owns the remainder.

AT&T is the exclusive U.S. provider of the iPhone, which includes a music player and Web browser.

Apple has signed deals to sell the iPhone through O2, owned by Telefonica SA (TEF.MC), in the United Kingdom and with T-Mobile, owned by Deutsche Telekom (DTEGn.DE), in Germany.

Sarin said he would be interested in talking to Apple about selling the phone when the company comes out with a high-speed wireless version.

“When a HSDPA iPhone is available we would be interested in talking to Apple,” he said on the sidelines of the conference.

Sarin said he believed the iPhone would increase the popularity of data services such as Web surfing, video downloading and social networking on cell phones.

Reporting by Sinead Carew

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below