“O2 has insisted that it has a profitable deal with Apple, under which the UK mobile phone operator will be the exclusive network for the much hyped iPhone,” Andrew Parker and Paul Taylor report for The Financial Times.
“However, O2 has been accused by rivals of agreeing to give Apple more than 25% of the revenue customers will pay to the operator for using the device,” Parker and Taylor report. “Those terms are also thought to be better than Apple’s deal with AT&T, which… is believed to be giving Apple up to 15% of the monthly fees paid by the mobile operator’s iPhone customers.”
“Matthew Key, chief executive of O2 ’s UK business, declined to comment on its deal with Apple, but insisted it was profitable business [and] accused O2 ’s rivals of ‘sour grapes,’” Parker and Taylor report. “Steve Jobs, Apple’s chief executive, acknowledged it had upset some of O2 ’s rivals in September by likening them to jilted girlfriends.”
Full article here.
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