Following a drought of telecoms news on Monday, when Apple made some sort of announcement, things are just starting to get back to normal, although there is still a veritable flood of iPhone related news coming in.

Spanish carrier Telefonica for one, said Wednesday that it has extended its original contract with Apple and will now be distributing the iPhone 3G in 12 Latin American countries as well as the Czech Republic.

This builds on the company’s initial agreement to exclusively sell the iPhone in the UK and Ireland via O2, and last weeks deal to sell the gadget in Spain.

The new Latin American agreement covers Argentina, Brazil, Colombia, Chile, Ecuador, El Salvador, Guatemala, Nicaragua, Panama, Peru, Uruguay and Venezuela.

Cesar Alierta, chairman and CEO of Telefonica, also revealed that the average monthly revenue of an iPhone customer is 30 per cent higher than that of a regular contract customer.