France Telecom CEO confirms Apple/Orange deal

Another day, another European iPhone deal: Orange is poised to announce an exclusive partnership with Apple to distribute the device in the French market, according to Didier Lombard, CEO of parent firm France Telecom. Thomson Financial reports that Didier did not offer pricing details, confirming only that Orange will not subsidize the device. Didier added that the iPhone will hit retail prior to the holiday season. French dailies Le Figaro, Les Echos and La Tribune previously reported that the terms of the contract call for Orange to pay Apple more than 10 percent of iPhone-derived service revenues.

For more on the Apple and Orange agreement:
- read this Thomson Financial article

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