Verizon CFO Talks iPhone 5, WIll Be World-Mode Device
- May 20th, 2011
- Apple News, Apple Rumour, iPhone 4S, Verizon
- Alex Brooks
Verizon Chief Financial Officer Fran Shammo has today claimed that the next-generation iPhone will be a “world-mode” device capable of running on both CDMA and GSM networks. Shammo added that the device will be launched on both AT&T and Verizon at the same time.
Shammo also spoke about future 4G compatibility saying that it is “a bigger issue for Apple”, in line with comments from Apple that LTE chips are not yet up to Apple’s power consumption standards. The Verizon CFO was keen to add that the carrier “will have enough high-speed alternatives to sell.”
Finally Shammo confirmed that Verizon will drop its unlimited data plans in the summer and will move to a tiered usage platform. Shammo added, “I think it’s safe to assume that at some point you are going to have mega-plans (for data) and people are going to share that mega-plan based on the number of devices within their family. That’s just a logical progression,” but did not discuss a timeframe.


