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Verizon to Offer iPhone Service Next Year, Sources Say

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If true, this would please many Angelenos exasperated with AT&T service (how many Verizon veterans experience more dropped calls than ever now that they're with AT&T? Why does data not come through on the Sunset Strip?).

The rumor began Tuesday in Blooomberg News, which cited " two people familiar with the plans." All companies have no comment on the matter.

Some remain weary of the news.

"I'll point out that we've heard this rumor time and time and time again," warned Mike Schramm at The Unofficial Apple Weblog. "First back in January of this year, then for the new iPhone 4 announcement and WWDC, and now pushed off until next year. Basically, don't hold your breath."

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As for how the market reacted to the rumor, there wasn't much change. "Apple shares aren’t showing much reaction Wednesday they’re up 0.2%. Interestingly, Verizon and AT&T are both down about 0.7%," noted the Wall Street Journal.