UAE telecoms fee ‘unsustainable’ - The National Newspaper

Royalties levied on the profits of Etisalat and du are not sustainable, says the head of telecommunications investments at a federal fund that controls a large chunk of shares in both the UAE’s telecoms companies.

Kaj-Erik Relander, the chief telecoms investment officer of the Emirates Investment Authority (EIA), said similar royalty systems around the world have been prone to failure.

“If you look at the worldwide phenomenon, one of the outcomes is that it’s not a sustainable policy,” Mr Relander said, adding that he felt the UAE royalty system would change soon.