China Unicom, the country's second-largest carrier, will offer the iPhone starting in mid-October. And in pricing that is rather the opposite of the low upfront cost and high monthly pricing at AT&T, they'll be selling the device almost at cost and pairing it with plans that make ours look positively extortionate. Prices will start around $300 for an 8GB iPhone 3G, which seems a bit high until you consider the fact that they'll be paying less than $20 per month for service.
The US $ is currently worth around 0.632751202 British pounds, so the comparable figures in UK terms are £189-83 to buy one, and a monthly charge of just £12-65.
Source:-
TechCrunch