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According to a report from the Wall Street Journal, AT&T CEO Randall Stephenson announced that the company is aggressively looking overseas, especially in emerging markets like India, for its next acquisition targets. Demand for wireless services in India, China, Vietnam, Saudi Arabia, Dubai, Qatar and Kuwait is increasing as multinational corporations stationed there need advanced data and voice services, and some regulatory environments begin to welcome foreign investors.
The news that Verizon Wireless, Apple’s first carrier choice, passed on the iPhone two years ago is generating immense chatter in the telecommunications community.
For Apple supporters, Verizon Wireless made a dreadful mistake in turning down a chance to co-brand with the Cupertino, California-based marketing juggernaut. Particularly since the iPhone’s interface could spur wireless data usage among well-heeled subscribers.