Bloomberg reports that AT&T CEO Randall Stephenson confirmed Wednesday that Apple will introduce a 3G version of the iPhone next year.

“You’ll have it next year,” he said, explaining that he was unaware of how much more the new version will cost than the existing $399 model because Apple chief executive Steve Jobs “will dictate what the price of the phone is.”

The new model which is widely expected since Jobs himself has mentioned that Apple is working on it should please those who have discounted the current model due to its EDGE connection which uses existing 2.5G GSM technologies. 3G coverage across America and many parts of Europe is still as patchy as EDGE coverage.