Verizon narrows AT&T’s smartphone lead

Earlier this week, AT&T (T) announced it had activated 10 million smartphones in the fourth quarter of 2012, up from 9.4 million in the same quarter a year earlier. On Wednesday, Verizon (VZ) announced it activated 9.8 million smartphones last quarter. This is just 200,000 units below AT&T. But more importantly, it’s up a robust 2.1 million units from the 7.7 million smartphones Verizon activated a year earlier. The two U.S. mega-carriers closed the year running neck and neck in smartphone activations. It’s fascinating that Verizon has been able to improve its competitive position relative to AT&T so much in just one year. It is worth pointing out that the iPhone represented 55% of Verizon’s smartphone activations in Q4. Verizon

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