Sprint, the third-largest U.S. wireless service provider, will be among the few carriers to sell the upcoming iPhone 5.

The iPhone 5 is now expected to support CDMA as Sprint had 52 million wireless subscribers in the last quarter. Out of that, 28 million were postpaid subscribers using the CDMA network, while 11.1 million were prepaid subscribers on the CDMA network.

If the news is true, then the company would pose a serious threat to its major competitors – Verizon, AT&T and T-Mobile. Sprint stocks has jumped due to the news, The Wall Street Journal reported.

Other rumors have suggested that T-mobile will be getting the iPhone 5 in October. No news about Verizon and AT&T getting the devices has surfaced. Maybe an unlocked world phone is in the cards.

The iPhone 5 is expected to feature a better 8-megapixel rear camera with 1080p video playback and panoramic photo capture capability and an improved dual-LED flash unit, and a front-facing 5-megapixel camera. More RAM, possibly 1GB, is also expected, along with an improved A5 processor. Dual-core SoCs are also expected by few.

Other reports have suggested that the new smartphone will arrive with a tapered teardrop design and the bottom will be much thinner in comparison to the top end of the phone, which might have been made for making video watching more convenient.

The iPhone 5 may have a metallic back, but there have been rumors about Apple buying about 300 glass-cutting machines for a curved glass panel in the iPhone 5.