The report indicates that an AT&T VP has confirmed to employees that the iPhone 5 is set to launch in early October. That would jive with our earlier report. In addition, the VP also informed several managers to "Expect things to get really, really busy in the next 35-50 days, so prepare your teams accordingly."
Although obviously we're likely to think that points to an iPhone 5 release, it could also point to the Nexus Prime release that is supposed to be coming soon, along with a new major version of Android (the still unconfirmed 4.0?), Ice Cream Sandwich. That smartphone is rumored to be hitting all four major carriers instead of just one, as has been Google's practice thus far.
Also possibly adding to the business over at AT&T would be the Samsung Galaxy S II, which is supposed to be announced in all its U.S. glory on August 29. That is definitely going to hit all four major carriers (T-Mobile, AT&T, Sprint and Verizon) in one form or another, probably in September.
AT&T is also set to introduce its first LTE devices, though neither are handsets. These are coming on August 21st, and will consist of a hotspot and modem, with an earlier modem being updateable to LTE just a few days later (via a software update).
Add all that to the fact that AT&T is about to remove another option from its list of SMS services (so that only unlimited at $20 + the pay-per-SMS-and-MMS option are left), which is bound to get it tons of upset new customers starting on August 21 (current customers will be grandfathered in), this means a busy 35 - 50 days for AT&T, even without an iPhone 5.
But we're sure we'll see an iPhone 5 soon, anyway.