UPDATE 1-Amazon to offer cheaper Kindle, sponsored by AT&T
NEW YORK, July 13 (Reuters) - Amazon.com Inc (AMZN.O: Quote) said on Wednesday it has struck a sponsorship deal with AT&T Inc (T.N: Quote) to sell a less expensive version of its Kindle 3G digital reader.
Amazon's Kindle 3G, which allows users to buy electronic books without having to subscribe to a wireless network, costs $189. The AT&T sponsored device, which will also include built-in ads on its screensavers, will cost $139.
Amazon in April introduced built-in advertising from companies such as General Motors Co's (GM.N: Quote) Buick, Procter & Gamble Co's (PG.N: Quote) Olay, and Visa Inc (V.N: Quote), on a different version of the Kindle, which competes with devices such as Barnes & Noble Inc's (BKS.N: Quote) Nook and Apple Inc's (AAPL.O: Quote) iPad tablet. (Reporting by Phil Wahba, editing by Gerald E. McCormick)
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