Mark Crispin <mrc@Panda.COM> wrote:

> Dow Jones Newswires reports today that "Verizon didn't need the iPhone
> after all."
>
> Verizon added 1.5 million new customers in the second quarter, surpassing
> Wall Street expectations and apparently taking a larger share of the USA
> wireless market at the cost of AT&T and other rivals.
>
> AT&T won't release its second quarter results until Wednesday, but is
> expected to add 1.3 million.
>
> Unlike AT&T, the vast majority of new Verizon customers sign long term
> contracts. Verizon also routinely reports the industry's lowest churn.
>
> Verizon's pending acquisition of Alltel will add 13 million to Verizon's
> current 68.7 million customers, restoring its position as the USA's
> leading carrier with 81.7 million customers.
>
> AT&T had 71.4 customers milion at the end of the first quarter.
>
> -- Mark --

so Verizon has flat lined... thanks for pointing out how much of a
serious affect the iPhone is having to the poorly managed Verizon
business.

as they say, Verizon is doomed without access to the iPhone... this is
further proof.