U.S. Cellular has reversed its stance that it wouldn't carry Apple's iPhone, and has said that it will be on board later this year. The carrier had previously called Apple's terms unacceptable, choosing to pass on offering the popular combination smartphone and iPod to its subscribers.

The company said during its quarterly earnings report, "We have a number of strategies in progress to increase loyalty and attract more customers, including our announcement today that we will begin offering Apple products later this year."

U.S. Cellular also said that it is actively working on expanding its 4G LTE coverage area, which will be good news for its potential iPhone 5 customers.

There isn't any word on exactly when U.S. Cellular will start offering the iPhone to its customers, but the "later this year" part of the company's statement could mean they're waiting until Apple launches the successor to the iPhone 5.