Verizon CFO lauds iPhone, says no plans to incentivize selling rival low-subsidy handsets
Verizon Communications Chief Financial Officer Fran Shammo said on Monday that Apple's free-on-contract iPhone 4 produced "a lot" of volume for America's Verizon Wireless, and despite high subsidy costs, the telecom will not offer incentives for sales staff to push low-cost alternatives.
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