Telefonica Gets Europe Palm Pre Deals

Stock quotes in this article:TEF, PALM 

The Palm Pre handset will be available exclusively in the U.K., Ireland and Germany on Telefonica's(TEF) O2 network and on its Movistar network in Spain.

The new smartphone from Palm(PALM) will be available in time for the holiday season. Pricing for the phone hasn't yet been determined.

"Europe continues to be an important region for Palm, and we're proud to work with O2 and Movistar to spread the excitement Palm Pre has already ignited in North America," said Jon Rubinstein, chairman and CEO.

O2, Telefonica's U.K. mobile phone business, also is the exclusive U.K. carrier for Apple's(AAPL) iPhone, while Movistar, its Spanish mobile phone operation, is the exclusive network for the iPhone in Spain.

The Pre debuted in early June.

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