Tokyo - Softbank, Apple's (NASD: AAPL) iPhone distribution partner in Japan, announced on Tuesday that it is lowering the cost of basic monthly service for the iPhone from about $67 to $27.60. The company achieved the cost reduction by lowering its packet flat-rate full data charges, which will now vary according to usage.

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http://news.yahoo.com/s/nm/20080805/tc_nm/softbank_iphone_dc_1