Orange Settles iPhone Revenue Share Problems - Report

Orange France has finally agreed terms for the sale of Apple's iPhone in the country with a 30% revenue share between the two companies, reports the Challenges business newspaper. There have been reports ever since Apple announced Orange as its French partner that the two companies had not agreed on what degree of revenue share would be acceptable to both firms.

Didier Lombard, the CEO of the telecom operator, visited the headquarters of Apple, in California last week to meet Steve Jobs and thrash out the problems.

The legal issue which could force Apple to offer the handset for sale without mandatory connection to the Orange network seems to still be outstanding, although the newspaper suggests that a retail price of EUR999 would be offered as a deterrent to anyone wanting to buy an unlocked handset.

On the web: Challenges

Posted to the site on 16th October 2007