Financial Times FT.com

Apple secures Europe iPhone revenue deals

By Astrid Maier in Hamburg and Volker Müller in Munich

Published: August 21 2007 19:53 | Last updated: August 21 2007 19:53

Apple has succeeded in committing European mobile phone operators that want exclusively to sell its new iPhone to share parts of their revenues with the technology group.

The contract, which was signed by three European mobile operators in recent days, requires that the operators hand over to Apple 10 per cent of the revenues made from calls and data transfers by customers over iPhones.

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