O2 Bags Contract to Sell Iphone in UK

By: Matt Sharp

It is reported that Mobile Phone operator O2 has won the highly fought deal to sell the brand new Apple iPhone in the UK.

Industry rumours and latest press reports say that O2 is poised to sign an exclusive contract with Apple to allow it to be selling the iPhone in time for the Christmas sales rush.

O2 spokesman have currently declined to comment on the iPhone deal.

The long awaited iPhone was released in the US this weekend and sold 500,000 in the first two days. Customers were queuing for hours outside stores before the launch. Some people waited in line for days to buy the iPhone when Apple opened it doors on the day of release.

Anticipation was running to fever pitch over the release of the iPhone ever since the design was unveiled in January. The device combines a camera, music player, internet browser and of course a mobile. All of which is controlled by a touch screen.

The rumoured agreement with between O2 and Apple is said to include a continuing share for Apple of the revenue generated by the network operator O2.
O2 are expected to retail the Apple iPhone for around ?300 on a monthly mobile phone contract. It is thought that this highly fashionable mobile phone cross with iPod will be enough to win over customers to O2 from rival Mobile Phones networks.
O2 is a leading provider of mobile services to consumers and businesses in the UK. It is the leader in non-voice services, including text, media messaging, games, music and video, as well as data connections via GPRS, 3G and WLAN.

O2 was formed in 2001 following the demerger from British Telecom of its former mobile business, BT Wireless.

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