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It's being reported by the BBC that O2 has won the contract to carry the iPhone in the UK. That's despite earlier reports that Vodafone was ahead, and no confirmation from Apple or O2. Meanwhile, T-Mobile may be the carrier in Germany, while Orange is said to be winning in France.
Asking around, the reaction is mixed: it really depends how good the network coverage is in your area. I know we have a bunch of Brits on Mashable, so let us know your thoughts.