AT&T will lower its pricing for the 8GB iPhone 3GS to $49, according to a Wall Street Journal report.
The report claims that AT&T will lower the price from $99 to $49 with a two-year contract due to increasing competition in the smartphone space.
Also mentioned as a contributing factor is Verizon’s impending launch of the iPhone, which will signal the end of AT&T’s exclusivity in the U.S.
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