Sprint Nextel (NYSE:S) expects to offer unlimited data service for Apple's (NASDAQ:AAPL) LTE-compatible iPhone 5 when it comes out this fall, that is, if the rumored iPhone 5 actually launches and if Sprint gets it.
"When the iPhone 5 comes out, if we get it and when we get it, we'll offer unlimited (data)," Steve Elfman, Sprint's president of network operations, confirmed in an interview with Investor's Business Daily.
"I don't see a scenario where Sprint won't get an LTE-capable iPhone at the same time as Verizon (NYSE:VZ) and AT&T (NYSE:T)," said Bernstein Research analyst Craig Moffett, in the article. "The problem is they will be so far behind in their LTE network when the iPhone 5 comes. AT&T and Verizon will be much further along, with much better spectrum, offering higher speeds. That could make a Sprint iPhone a tough sell to consumers, especially if LTE capability is the cornerstone feature of the next iPhone."
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