Well, it's not quite the sort of background application that most folks have been hoping for on the iPhone, but Loopt has nonetheless scored something of a first for its location-based iPhone app. As Silicon Alley Insider reports, the company has struck a deal directly with AT&T that'll let it monitor your location whenever you have a network connection, regardless of whether you have the Loopt app open or not. That, as you might have surmised, is done entirely on a server-to-server basis, and it'll initially be made available as a part of free 14-trial program limited to 5,000 users, after which it'll run them and everyone else $3.99 a month (added to your AT&T bill). Feeling lucky (or quick)? You can put your name and number into the hat by hitting up the appropriate read link below.

Read - Loopt Always-On Location Trial Sign-up
Read - Silicon Alley Insider, "Loopt Location To Update In The Background On iPhone"

[Via MacRumors]

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Loopt strikes deal with AT&T for background monitoring on iPhone