An estimated 1.4 million AT&T subscribers will shift to Verizon with the advent of a Verizon iPhone in early 2011, according to a report released by Credit Suisse. Credit Suisse's report relies on a supposed February 15 launch of the Verizon iPhone (based on a Bloomberg report) and other mounting evidence that Verizon will soon get its hands on Apple's goods.
A survey conducted by Credit Suisse indicated that 23 percent of AT&T iPhone users would switch to Verizon given the opportunity — even though most of them are under contract and only 3 percent of the survey respondents said they would break their current contract. About 18 percent of iPhone users said they would switch to Verizon after their contracts expired.
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