A security analyst says that it's not all bad news for AT&T once Verizon gets the iPhone. After all, there might be a short term gain (because AT&T won't have to subsidize iPhone purchases). Of course, long term, it would be really bad.
Would a Verizon iPhone Help AT&T?
That's par for the course at AT&T where they always think about short term profits rather than long term viability. The analyst also predicts there won't be a massive loss in current iPhone subscribers. Something I believe will quickly prove to be completely wrong.