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11 June 2008 17:24 by Andre "DVDBack23" Yoskowitz
The Spanish company Telefonica has announced it will distribute the iPhone to 16 countries in Latin America and the Czech Republic after striking a deal with Apple.
"The 16 countries where we will distribute the iPhone have a market potential of 500 million people, making us one of the global leaders in the distribution of these revolutionary handsets," Telefonica Chairman Cesar Alierta said in a statement.
Telefonica already sells the phone in the UK and Ireland through O2 and will begin selling the device in Spain on July 11th.
The 16 new countries are the Czech Republic, Argentina, Brazil, Colombia, Chile, Ecuador, El Salvador, Guatemala, Nicaragua, Panama, Peru, Uruguay and Venezuela.
Unlike its current markets however, the new markets will not be exclusive for Telefonica as America Movil has already signed a deal to distribute the phone in most of those countries.
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