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AT&T to Remain Sole US iPhone Carrier into 2010?
In exchange for its payout, AT&T got a year extension, into 2010, on its exclusive distribution deal with Apple, people familiar with the matter say. Sources asked to not be named because the terms are confidential.
Under the original iPhone contract, Apple had the right to offer the device to other carriers beginning in 2009. If Apple exercised that clause, AT&T would have lost one of its biggest points of leverage with customers exclusive access to the iPhone. Nailing the extension "is a very big deal," Entner says.
Stephenson declined to discuss the contract, saying only that he is "very happy" with the arrangement.