The Financial Times is reporting that Apple has finalised deals with European networks who will carry the iPhone.

In the contracts Apple has written up the company asks for the networks to hand over 10 percent of revenues gained from calls and data on an iPhone.

The credible news site states that the contract was signed by T-Mobile of Germany, Orange of France and O2 in the UK, people familiar with the situation told FT Deutschland, the Financial Times’s sister paper.

The site also reports that the operators will announce the deals at the IFA trade fair held in Berlin which runs from August 31st through September 5th.