Fortune also confirms the release of CDMA-enabled iPhone next year
This Friday Fortune also confirmed the information about CDMA-enabled iPhone, which will be allegedly shipped in early 2011.
The report was written by Sara Ellison, who notes that after the release of new iPhone the Verizon's network will be overloaded by the millions of new customers, as the same had happened with AT&T network earlier.
In 2005 Verizon wasn't interested in iPhone because the company decided Apple wanted too large share in monthly service fee and too much control over the sale of the handset. In turn, Apple was thinking globally and understood the wireless technology is so much popular only in the U.S., but not the worldwide. In 2007 Verizon CEO Ivan Seidenberg had a meeting with Jobs, Ellison told.
"Seidenberg tried to reassure Jobs that Verizon was quickly building a faster 4G (fourth-generation) network, one that would work globally. He also tried to convince Jobs that Verizon had a superior 3G network to AT&T's. Jobs listened politely, as Seidenberg tells it, and agreed to stay in touch."
The conversation continued in December 2007, when AT&T started facing dropped calls and generally network issues with iPhone users. And now Apple develops an iPhone 4 which will be compatible with Verizon's CDMA network.
Verizon's iPhone won't likely work outside of the U.S., but will offer some additional features, like live TV for those Verizon's customers who use FiOS cable service.
Fortune became the fourth reputable news source after The New York Times, Bloomberg and The Wall Street Journal that confirmed the release of CDMA-enabled iPhone in early 2011.