There IS a problem with iPhone 4 reception
As it transpires, there really is a problem with reception on the iPhone 4, an undocumented feature of it’s new wraparound steel antenna, though it looks like Apple is spinning it as a problem with how users hold the phone.
It seems that the iPhone 4 built-in antenna (a part of the handset frame) has a [...]
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http://iphonetouch.blorge.com/2010/06/25/there-is-a-problem-with-iphone-4-reception/