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EITC, Etisalat, new licences
- United Arab Emirates: Monday, February 06 - 2006 at 07:39
Both the new Emirates Integrated Telecommunications Company and existing monopoly holder Etisalat will require new licences, officials told Gulf News. EITC will pay $34m for its licence while both operators will pay a $270,000 renewal fee. Etisalat also pays half its profits as a royalty, but further payments from EITC have not been decided yet.
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Peter J. CooperMonday, February 06 - 2006 at 07:39 UAE local time (GMT+4)
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