April 29 (Bloomberg) -- Apple Inc., which plans to start selling its iPhone in Latin America, is reconsidering a strategy of offering the device only through exclusive franchises, Cinco Dias reported, citing unidentified people familiar with the situation.

The company may offer the handheld device through various phone companies in the same country, breaking with the practice used in Europe, the Spanish daily newspaper said.

To contact the reporter on this story: Gareth Gore in Madrid ggore1@bloomberg.net

Last Updated: April 29, 2008 02:13 EDT