Ever since (and perhaps before) the iPhone hit the US market, we've been hearing rumors of an imminent European release, which was confirmed by the company many, many months ago. Of course, there's been no movement besides rampant speculation and high-school style gossiping... but that may all be changing. According to the ridiculously-respected Reuters in an article published today, the German telephone giant Deutsche Telekom (T-Mobile to you and me), has inked a deal with Apple to release the iPhone in the Fatherland (AKA Germany), with an official announcement to be made next week. The report (which is still considered rumor) claims that the phones will go on sale for the initial price of €399 ($554), and that Apple and T-Mobile will split voice and data revenue generated by the phones. Additionally, Reuters says that Apple will make similar arrangements with O2 for the UK, and Orange in France. If this news is accurate, it all but squashes the Vodafone deal rumors, but still leaves questions as to whether Apple will introduce a 3G version of the iPhone when it makes its announcements. Only El-Jobso knows for sure.