Do More With Reuters
Partner Services

T-Mobile agrees to iPhone revenue deal - paper

Wed Aug 22, 2007 6:31am IST
 
Email | Print | | Single Page
[-] Text [+]

FRANKFURT (Reuters) - Deutsche Telekom's mobile phone unit, T-Mobile, has agreed to a revenue-sharing deal that will let it bring Apple Inc's iPhone to Germany, a German daily reported on Tuesday.

In order to sell the iPhone, T-Mobile will share 10 percent of the revenue it makes from calls and data transfers by customers over iPhones with Apple, the Financial Times Deutschland said, without citing sources.

The deal is to be announced at the IFA consumer electronics trade fair in Berlin next week, the report said.

A T-Mobile spokesman declined to comment.

French operator Orange, owned by France Telecom and Telefonica O2 had also agreed to the terms, the paper said.

Apple has said it will start selling iPhones in Europe this year and in Asia in 2008, but has given no further details.

Speculation has swirled as investors are keen to know which European wireless operator will sell the iPhone, which comes with an in-built iPod, web browser and e-mail software and has been available in the United States since the end of June.

Apple signed up top U.S. telecoms operator AT&T Inc. in an exclusive deal for at least two years to sell the phone in the United States, where customers willing to sign a two-year contract are expected to pay $499 to $599 for a handset.

Deals with carriers in France, Germany and Britain would mimic a three-country strategy Apple pursued at the launch of its popular iTunes online music store in Europe in 2004.  Continued...

Dubai Debt Fears

Villas are seen on the The Palm, Jumeirah, with Atlantis, The Palm, under construction on the breakwater (crescent), May 3, 2008.  REUTERS/Jumana El Heloueh

Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets.  Full Article | Slideshow 

editor's choice

Risky Proposal
Risky Proposal

Murdoch courts trouble if he blocks Google on news.  Full Article 

Smartphones
Smartphone War

Motorola's Droid to help Verizon, hurt RIM & Palm.  Full Article 

 
Recovery Path
Recovery Path

Indian techie logging out of downturn gloom.   Full Article 

3G and Beyond
3G and Beyond

China, India add big buzz to wireless broadband.  Full Article 

 
People light candles at a vigil to commemorate the victims of last year's militant attacks in Mumbai, in front of the India Gate in New Delhi November 26, 2009. Mumbai held tearful memorials and police staged a show of strength on Thursday as India's financial hub marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan. REUTERS/Rupak De Chowdhuri
One Year Later

Mumbai held tearful memorials and police staged a show of strength as it marked the first anniversary of militant raids that killed 166 people and pushed up tensions with Pakistan.  Slideshow | Full Coverage 

Photo