The long awaited iPhone 5 will not be released on the T-Mobile network this year, an alleged leaked report from the company's chief marketing officer states.

As rumors continue to stir hype for the forthcoming release of Apple's iPhone 5, a report on the T-Mobile intranet site quoted chief marketing officer, Cole Brodman as saying, We are not going to get the iPhone 5 this year, PC World reported.

Sprint, AT&T and Verizon are expected to carry Apple's new smart phone starting from the expected launch date in early October, which will make T-Mobile the only carrier not to sell the phone in the coming holiday season.

If AT&T acquires T-Mobile, customers may be able to purchase the phone, but the chances of that happening are slim as they federal regulators are currently denying that acquisition.  

It is anticipated that Apple will reveal the iPhone 5 at its next media event set for Oct. 4, and the phone is rumored to be released a few weeks after.

Tim Cook, Apple's new CEO, will reportedly take Steve Jobs' old duties and formally conduct the event for the first time.  While hundreds of rumors are circulating the internet TechCrunch suspects that the most likely will be for the smartphone to include an 8-megapixel camera, an A5 dual-core processor, mobile payment functions and possibly the Qualcomm mobile phone chip.

It is also expected to feature the latest iOS 5 operating system, the A5 processor found in the iPad 2, and has a slimmer and thinner design.

Brodman's reference to an iPhone 5 and not a 4S has caused more speculation that the new version of the iPhone will not merely be a slightly newer version of the IPhone 4 that has been dubbed as the iPhone 4GS.

Accompanying the rumors of the long awaited iPhone 5, are those for a baby iPhone, that will come with an 8GB flash drive made by a Korean company rumored to be Samsung. Some analysts said the cheaper iPhone 4 could help Apple boost sales in emerging markets, Reuters reported.

Rumors about a smaller iPhone 4 first emerged in February following a report in Bloomberg that said a device half the size and price of the iPhone 4 would be released by the summer.

Apple may want to push into the emerging market segment where customers want to switch to low- to mid-end smartphones from high-end feature phones, which usually cost $150-200, said Yuanta Securities analyst Bonnie Chang, Reuters reported.

At the same time The Wall Street Journal reported that the smaller iPhone would be significantly lighter than the iPhone 4 and have an edge-to-edge screen that could be manipulated by touch, as well as a virtual keyboard and voice-based navigation.

The most recent report in Reuters said while the next iPhone is rumored to have a significantly different look, the changed will only be a slightly modified version of the iPhone 4, which could be called iPhone 4S or iPhone 5.