Pardon me if I look at this story askance. Ajar. Askew. It has a lot of people buzzing today that AT&T and their, uh, inconsistent coverage areas may not be the only option for iPhone customers in the near future. But the sources are anonymous and, nothing against Bloomberg, it's kind of hard to see it as anything but a rumor.
That being said, AT&T has had problems, Verizon and Apple could do a lot more business if this comes to pass, and it really does make sense for everyone except AT&T (who maybe wouldn't mind carrying less weight on their networks).
So I can't get excited about the story as absolute fact (just as with many similar stories I've seen) but that doesn't mean I doubt it.