Phone royalty cuts likely
United Arab Emirates: Wednesday, February 22 - 2006 at 08:54
The UAE will most likely reduce the telecom royalty paid to the government, which at the moment amounts to 50% of the operator's annual profit, following the introduction of a second telecom operator, reported Gulf News quoting TRA director-general Mohammad Al Ghanim. New entrant EITC and the established operator Etisalat have so far not reached agreement on prices and connections.
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James McInerney, News EditorWednesday, February 22 - 2006 at 08:54 UAE local time (GMT+4)
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