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UAE sets royalty rates for telecom firmsThe United Arab Emirates government set royalty, or tax, rates on the country's two telecom operators on Monday, which will raise the amount paid into federal coffers. The Ministry of Financ More… |
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Nokia Q2 beats forecasts on patent gainsNokia Oyj, the world's largest phone maker by volume, posted better-than-expected quarterly profit thanks to a major royalty boost from settling a patent dispute with Apple. Nokia reported a second-quarter underlying operating profit of 39 More… |
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UAE mulls reduction in telecoms taxesThe United Arab Emirates will cut royalty charges or taxes for telecoms firm Etisalat, a top regulatory official said on Monday, that would provide an instant boost to sagging profits at the former monopoly. No timescale was offered for th More… |
