China Unicom: Exclusive China iPhone deal with Apple is preliminary; no formal agreement

“China Unicom, one of China’s top three mobile carriers, has reached a preliminary agreement with Apple for the exclusive sale of its iPhone handset in China for three years, the official Shanghai Securities News reported on Tuesday, however a China Unicom official said a formal deal had not been reached,” Melanie Lee reports for Reuters.

“‘Discussions are still ongoing, we have not reached any formal agreement,’ said Sophia Tso, a spokeswoman for China Unicom,” Lee reports. “An Apple spokeswoman declined to comment.”

Lee reports, “The newspaper said the [preliminary] deal did not include revenue sharing arrangements that media reports said had become a sticking point in discussions between Apple and Chinese mobile companies.”

Full article here.

[Thanks to MacDailyNews Readers “Brawndo Drinker,” “Feed Mertz,” and “James W.” for the heads up.]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.