Czech carrier Telefonica Czech Republic will not sell Apple’s new iPhone 4S smartphone, one of the fastest-selling consumer electronics devices to launch in recent history. According to a recent report from local Czech newspaper Hospodarske Noviny, the carrier will also stop selling all prior iPhone models. Details are limited, but a spokesperson for the carrier cited Apple’s business terms as the reason for the decision. Telefonica Czech Republic’s Hany Farghali did not elaborate, though Apple’s iPhone reportedly commands a much higher carrier subsidy than competing smartphone models — as much as 40% higher, reports claim — and that could be a factor. Telefonica Czech Republic’s local competition, operated by Vodafone and T-Mobile, began selling the iPhone 4S late last month.