We're expecting to see the Verizon iPhone finally make its debut in just about a half hour now, but it looks like AT&T is doing some pre-show damage control -- in an interview with the Wall Street Journal this morning, Ralph de la Vega said "we're ready" to lose exclusivity because "we are much bigger than this." That definitely sounds like someone just got spurned by their biggest partner, but don't think AT&T's just going to ignore Verizon -- it's planning an ad blitz that will highlight the iPhone's better data speeds and simultaneous voice / data capabilities when used on its network. Sounds like things are going to get even more heated between the two largest carriers -- and honestly, we can't wait.
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.