7.6 billion licenses for Etisalat and for 2018



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The Ministry of Finance predicted the value of the government's concession fees for Etisalat and would reach 7.63 billion dirhams by the end of 2018, up 1.57 percent to 7.75 billion dirhams in 2019.

The draft ITU budget for fiscal year 2019 indicated that the expected fee of Etisalat is estimated at 5.53 billion euros, while the license fee will reach 2.1 billion.

Etisalat and have paid about 4.115 billion in government concession royalties in the first half of this year, down 3.9 percent from 4.2282 billion for the same period in 2017, according to the statement.

The value of the concession paid by Emirates Telecommunications Group (Etisalat) amounted to approximately $ 3.047 billion in the first half of this year, down 6.7% from $ 3.268 billion for the same period in 2017. Approximately $ 1.013 billion during the corresponding period of 2017.

The Ministry of Finance set a fee for the two companies between 2012 and 2016, before deciding to consolidate it from 2017 to 2021 in order to establish equal treatment of the government with the operators, so that the concession fees collected by the operators are 15% on the income of products and services of the company and 30% of the profits of the company with the exemption of income from the international activities of such royalties.

According to the calculations of the "economic statement", the total value of royalties paid by "Etisalat" and "du" reached 45.1 billion dirhams between 2012 and 2017, of which about 36.04 billion for telecommunications and 9.04 billion for the du.

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