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Amazon's New Smartphone Is to Be Exclusively Carried by AT&T

Stocks in this article: T AMZN AAPL


WATCH: More tech videos on TheStreet TV | More videos from Brittany Umar

NEW YORK (TheStreet) -- AT&T will reportedly be the exclusive carrier for Amazon's new smartphone, which is expected to be unveiled on Wednesday.

VIDEO TRANSCRIPT:

AT&T (T) will be the exclusive carrier for Amazon's (AMZN) new smartphone, according to a report by The Wall Street Journal.

AT&T already provides wireless service to Amazon's Kindle tablets and e-readers. The arrangement could give AT&T a leg up in the competitive smartphone market, similar to the exclusive deal it had with Apple (AAPL) when the iPhone was released in 2007. BGR reported that a big potential selling point of the phone could be a unique wireless data plan -- call "Prime Data" -- that will be offered alongside the device.

Amazon is expected to introduce the phone at a product event on Wednesday in Seattle. It already released a video on YouTube teasing the device, which is expected to be capable of displaying images that appear three-dimensional. According to reports, the phone will have several front-facing cameras that track the user's head movement and display the images so that they appear to be 3-D.

Amazon is said to be readying the phone for shipping by the end of September, in time for the holiday shopping season. 

In New York, I'm Brittany Umar for TheStreet.

-- Written by Brittany Umar in New York.

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