O2 Paying A Small Fortune To Secure iPhone

Across the pond, cellphones are a big thing and there’s a lot of competition between carriers. O2 users will be happy to know that they’ll be getting the iPhone come an announcement to be made on Tuesday. While this is great for the consumer, O2 is paying out its ass for Apple’s heavenly gadget. Rumor is that Apple demanded 40% of iPhone service revenues from O2 and it complied.

Included in the deal is a chain of stores called Carphone Warehouse. These locations will act as retail locations for O2’s iPhone, meaning Apple gets money from Carphone Warehouse’s sales. Now I have no idea how much European users are going to be charged for an iPhone, but with unlocking tools readily available via BitTorrent, it might be worth the cash to ship one over from the USA.

O2 lands expensive iPhone deal [BGR]

O2 wins UK iPhone? Fever mounts [TechCrunch UK]