Apple has announced fewer than a dozen new wireless-service providers to sell the device since Sep­tem­ber 2011, leav­ing the total at about 240. Hold­outs rep­re­sent bil­lions of would-be sub­scribers in coun­tries such as China, Japan, India and Rus­sia, said Horace Dediu, a mar­ket ana­lyst who runs Asymco.com. Sam­sung Elec­tron­ics Co. (005930), Apple’s biggest smart­phone rival, sells devices through almost all of the world’s 800 car­ri­ers, Asymco said.

China Mobile Ltd. (941), the world’s biggest phone com­pany, and NTT DoCoMo Inc. (9437), Japan’s largest mobile car­rier, are among providers that haven’t agreed to carry the iPhone, cit­ing the high costs of sub­si­dies needed to make the device afford­able or other terms they find unac­cept­able. The slow­down in adding new part­ners is con­tribut­ing to stag­nat­ing iPhone sales growth, giv­ing Samsung-led com­peti­tors a poten­tial advan­tage and putting pres­sure on Apple to deliver a cheaper device or make other margin-threatening concessions.

“The nar­ra­tive has been focused on the con­sumer demand, and the nar­ra­tive needs to shift to the oper­a­tor,” said Dediu, a for­mer in-house ana­lyst for Nokia Oyj. (NOK1V) “Apple has run out of the kinds of oper­a­tors that will say yes to them.”

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