iPhone Is Legit Again After Years on Argentina's Gray Market

  • Regulatory hurdles for device’s import said to be removed
  • Apple didn’t follow competitors in opening Argentine plant
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Apple Inc.’s iPhone will be sold widely in Argentina next month for the first time in several years, according to a person familiar with the matter, as President Mauricio Macri seeks to re-open the South American nation to global trade.

The iconic phone has been unavailable from carriers Telefonica SA, America Movil SAB and Telecom Argentina SA because of rulesBloomberg Terminal put in place in 2009 by Macri’s predecessor Cristina Fernandez de Kirchner pressuring device makers to assemble their products in Argentina. Apple never opened a factory there, even as competitors such as Samsung Electronics Co. complied.