Verizon and AT&T shake hands, agree to stop suing each other

According to the Business Insider, AT&T and Verizon have smoked the peace pipe and both agreed to refrain from suing the other. Verizon had instigated the recent events with a series of ads that took the iPhone's "There's an app for that" and turned it into "There's a map for that" comparing Verizon's 5 times more widespread 3G coverage than AT&T's coverage. AT&T sued complaining that the map made it appear that they offered no coverage at all in the non 3G locations. Verizon put subtitles on the spots explaining that AT&T offered EDGE and other services in areas where there was no 3G coverage. Then came the Verizon attack on the iPhone with the "Island of Misfit Toys" and the DROID DOES ads and before you can say Wedding Crashers, Owen Wilson's brother was recruited by AT&T to fight back by talking about rollover minutes. Apple entered the battle by coming up with two ads that showed how a GSM handset like the iPhone can allow you to talk and do data at the same time, unlike the CDMA models sold by Verizon (unless you are on Wi-Fi). So all of the legal activity has been stopped and this could be the start of a wonderful friendship. At least until the next ad is aired.

source: BusinessInsider via BGR