December 10, 2012 / 8:03 AM / 5 years ago

BRIEF-UAE raises telco du's royalty fee for 2012

DUBAI, Dec 10 (Reuters) - Emirates Integrated Telecommunications Co PJSC : * UAE government sets operator du's royalty fee at 5 percent on 2012

revenues, eventually rising to 15 percent by 2016 * UAE operator du's royalty fee on profits set at 17.5 percent in 2012,

rising to 30 percent by 2015 * Du's 2011 royalty was 15 pct on net profit, 5 percent on revenue

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