When pressed further Key expanded slightly explaining "That's more of a question for Apple ... but over the coming weeks we will do a joint announcement with Apple as Telefonica Group". Given that Telefonia owns O2, Key was also forced to fend off suggestions O2 gave Apple too much for the exclusive UK rights to the famed handset when it agreed to an unprecedented revenue sharing business model pointing to the company's impressive Q1 results announced today.
Source : Gaurdian
