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Market News

AT&T says 40 pct of iPhone inquirers not its clients

(Adds comments)

CHICAGO, June 19 (Reuters) - About 40 percent of people seeking information about Apple Inc.'s AAPL.O soon-to-be-released iPhone are not AT&T Inc.'s T.N wireless customers, the phone company's Chief Executive Randall Stephenson said on Tuesday.

AT&T has an exclusive agreement to sell the eagerly anticipated device that combines a cell phone with the popular iPod digital music player.

More than 1 million people have signed up for information on the iPhone, which is expected to be available on June 29. Any subscriber to a rival U.S. wireless network has to switch to AT&T to use it.

Stephenson said in a speech at the NXTcomm communications conference in Chicago that such market research data “speaks volumes.”

“I really believe this is going to be game changer. Not only for us but the industry at large,” he said.

((Reporting by Ritsuko Ando, editing by Derek Caney; Reuters Messaging: ritsuko.ando.reuters.com@reuters.net; +1 646 223 6084)) Keywords: AT&T CEO/

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