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AT&T: 'We're all about wireless'

MacDailyNews found this 8/2/2008 on usatoday.com

Stephenson, who became AT&T's (T) chairman and CEO a year ago, championed the idea of paying Apple (AAPL) about $300 per device, analysts estimate, to help hold down the retail cost. The subsidy, which replaces another arrangement that gave Apple a portion of iPhone service revenue, will dilute earnings through 2009, AT&T says. On the plus side for consumers, the iPhone is now extremely ...