Apple iPhone on AT&T for five years?

There are carrier exclusivity agreements, and there are carrier exclusivity agreements -- and Apple's iPhone deal must have been pretty sweet for Cupertino to guarantee their new hotness to AT&T and AT&T alone for five friggin years. USA Today reports the supposed half-decade deal precludes Apple from developing a CDMA handset in that time (duh), meaning that if you live in the US and don't want to move to AT&T, it's going to be 2012 before you even have a chance at an iPhone. Better still, Today reports that Cingular's arch-nemesis Verizon is claiming to have an iPhone-killer in the wings. According to Denny Strigl, Verizon CEO, "We do have a very good response in the mill. You'll see that from us in the late summer." It's war, people, make no mistake about it.

[Thanks, Eric]