Oman sets 2017 telecom royalty ratio at 12% in 2017

Royalty will be paid to government, the Capital Market Authority said in a bourse statement

  
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) ((Alexander.Cornwell@thomsonreuters.com;))