Rumors about the contract ending between AT&T and Apple iPhone at the end of this year seems to be wrong after coming to know about the contract details of AT&T lowest network Provider Company in America have exclusive rights on Apple iPhone until 2012. Launching of Verizon iPhone for the U.S mobile customers seems to be postponed by the Verizon network provider company up till 2012.
Apple and AT&T are bind in an agreement deal of five years until 2012 as it was launched in America in 2007. In the past, the agreement deed terms and conditions were never exposed by Apple iPhone and AT&T till last week. Engadget reports states that in 2008 a lawsuit was filed against Apple claiming that Apple is forcefully creating the monopoly over iPhone services by temporarily locking the iPhone devices of the users after two years of initial period and asking them to renew contract again with AT&T. In the response of this report, Apple confirmed five year deal with AT&T but no one responded to the filed complaint about the renewing of contract with AT&T after initial period of two years.
On the other side, there are lots of reasons of canceling or making changes in such a contract. However, there are chances of iPhone services will appear on any other carrier before 2012. It is only possible if some legal action is taken against the agreement between AT&T and Apple.