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If you believe Verizon CEO Ivan Seidenberg's version of events, his company's wireless division wasn't even in the running for the iPhone years ago when Apple was first shopping the device around to carriers. Other reports tell a different story, but either way, the fact that Verizon had to wait nearly four years to offer its customers the iPhone had its advantages and disadvantages. On the down side, it really gave a customer boost to its biggest rival, AT&T. On the upside, though, the competition did motivate Verizon to invest in a strong competitor to Apple's platform.
I'm not entirely sure what to feel about this throttling business. Initially a lot of bad words leap to mind, cause seriously! That can't be right. And as far as being 'up front' is concerned, they never made any public statements about controlling network speeds on heavy users...they almost got caught out. But on the flip side, being an iPhone AT&T customer, I've kept a CDMA tracfone close by to make, and take calls. This would however be pointless if even the Verizon network starts suffering. So from that point of view, I like the throttling.