Exclusivity based on 10% kick-back

O2 has signed an exclusive deal to sell Apple’s new iPhone in the UK according to reports.

It is thought that the contract would mean exclusivity for the mobile phone operator, but only on the grounds that 10 per cent of all revenues are given back to Apple.

Similar contracts have been agreed with T-Mobile in Germany and Orange in France according to a report in the Financial Times.

A spokesperson for O2 declined to comment at this time.

The much anticipated iPhone will initially launch in the UK, France and Germany this Autumn, with a roll out across further European destinations planned for next year.