December 29, 2016 / 6:57 AM / 10 months ago

Oman sets 2017 telecommunications royalty ratio at 12 pct

DUBAI, Dec 29 (Reuters) - Oman’s telecommunications companies will pay a royalty to the government of 12 percent in 2017, the country’s Capital Market Authority said in a bourse statement on Thursday, citing a letter from the Telecommunication Regulatory Authority. (Reporting by Alexander Cornwell; Editing by Andrew Torchia)

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