> >>>Btw, I have asked one of the Apple Retailer, they will start subsidy
> of iPhone with some private bank soon.
>


Subsidy ? With a Bank ?

I don't understand this ... unless of course, the bank plans to launch an
app on these "subsidised" phones, that will facilitate m-Banking and enable
the bank to collect a cool pay per use charge :)

Its the import levies that kill ... and no bank, private or otherwise, can
"subsidise" these levies ... They can just underwrite upto probably 20% of
the current Distributor List P and then do a mark up 5% on this as values to
the Distributor / Retailer per phone.

Warm Regards
Sanjeev Sarma
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