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Black markets eagerly await new iPhone - International Herald Tribune

iPhone Grey Market
The iPhone 3G goes on sale in Hong Kong by Hutchinson Telecom today.
"In Hong Kong, Hutchison Telecommunications has been flooded with online applications from eager buyers. An unlocked iPhone costs 4,680 Hong Kong dollars, or $600, but customers must sign up for a two-year contract, with the least-expensive monthly plan costing 188 dollars."
The International Herald Tribune has a story about the grey market eagerly anticipating the new mobile phone.
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