iPhone 5 restrictions spark Samsung discounts in Europe

Originally published: September 24, 2012 8:39 AM
Updated: September 24, 2012 8:56 AM
By BLOOMBERG NEWS

Photo credit: Getty Images | A customer inspects the new iPhone 5 at an Apple Store on Sept. 21, 2012 in San Francisco.

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Apple Inc.'s iPhone 5, which bars customers of some European carriers from accessing the fastest available mobile networks, will prompt those operators to cut prices for handsets from rivals such as Samsung Electronics Co.

The iPhone 5, which went on sale today, will connect to fourth-generation wireless networks in Europe that run on an 1,800 megahertz band, favoring carriers who do have...

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