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Omantel profits up 49%
- Oman: Tuesday, August 05 - 2008 at 09:32
Oman telecom has reported a 49% increase in Q2 profits, driven by lower royalty payments and a decline in costs, according to Bloomberg. Oman last year reduced royalties to 7% from 12% of mobile telephone revenue and from 10% of fixed-line revenue.
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StaffTuesday, August 05 - 2008 at 09:32 UAE local time (GMT+4)
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