Advertisement
Singapore markets close in 1 hour 23 minutes

  • Straits Times Index

    3,284.69
    -8.44 (-0.26%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,276.43
    +75.16 (+0.44%)
     

  • FTSE 100

    8,078.77
    +38.39 (+0.48%)
     

  • Bitcoin USD

    64,185.46
    -2,604.03 (-3.90%)
     

  • CMC Crypto 200

    1,390.79
    +8.22 (+0.59%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,334.20
    -4.20 (-0.18%)
     

  • Crude Oil

    82.99
    +0.18 (+0.22%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,570.12
    -1.36 (-0.09%)
     

  • Jakarta Composite Index

    7,152.53
    -22.00 (-0.31%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

AT&T to be exclusive carrier for Amazon smartphone - WSJ

Reuters
The AT&T logo is pictured by its store in Carlsbad, California, April 22, 2013. REUTERS/Mike Blake/Files

(Reuters) - AT&T Inc will exclusively carry Amazon.com Inc's long-rumored smartphone that is expected to be launched on Wednesday, the Wall Street Journal reported, citing people familiar with the plans. (http://r.reuters.com/gav22w)

Amazon.com revived speculation about its next major product earlier this month, using a mysterious YouTube video and website post to announce a June 18 "launch event" in Seattle to be hosted by Chief Executive Jeff Bezos.

The Journal and several tech blogs have reported that the internet retailer may be working on a phone with a three-dimensional display.

Rumors of an Amazon-designed smartphone have circulated for years, though executives have played down ambitions to leap into a heavily competitive and increasingly saturated market dominated by Apple Inc and Samsung Electronics Co Ltd.

ADVERTISEMENT

AT&T was the exclusive partner of Apple Inc when it launched the iPhone in 2007.

AT&T declined to comment, while Amazon could not be reached immediately.

Shares of both companies were little changed in premarket trading on Tuesday.

(Reporting by Abhirup Roy in Bangalore; Editing by Ted Kerr and Saumyadeb Chakrabarty)