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Royalty reduction to increase Oman’s telecom income
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Royalty reduction to increase Oman’s telecom income
Telco rate drops from 12% to 10% Omantel biggest beneficiary Sultanate has four telcos New changes to the royalties levied on Oman’s telecom companies are set to increase their profitability in 2025. The country’s Telecommunication Regulatory Authority said that royalty charges will be reduced to 10 percent from 12 percent, effective from the 2025 financial year. “The decision will lead to a reduction in our royalty expenses and a progressive i…
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