UAE Telecom Giants Contribute AED 3.54 Billion in H1 Royalties

Telecommunications operators e& and Emirates Integrated Telecommunications Company P.J.S.C. (du) have collectively paid AED 3.54 billion in federal royalties to the UAE government for the first half of 2024. This payment reflects their commitment under the federal royalty framework. The amount shows a slight decrease from AED 3.73 billion in the same period of 2023.

e& (formerly Etisalat Group) and du continue to dominate the UAE's telecom sector, supporting national growth and infrastructure development. These royalties are crucial for funding public services and national projects, reinforcing the role of these companies in the UAE's economic stability and progress.

The payment breakdown indicates e& contributed AED 2.7 billion, while du paid AED 840 million. This financial support is part of their contractual obligations to the government, derived from their annual revenues. Such contributions are expected to maintain the country’s position as a leading digital economy, ensuring continuous advancements in telecommunications and related sectors.

Despite the slight year-on-year decrease, these payments highlight the robust financial health and operational efficiency of both companies. They remain pivotal in driving technological innovation and expanding digital services across the UAE, aligning with the nation's vision for a diversified and knowledge-based economy.

The UAE's telecom sector continues to evolve, with both e& and du investing in next-generation technologies, including 5G networks and smart city solutions. These investments not only enhance user experience but also contribute significantly to the country's digital transformation initiatives.

e& and du's contributions are a testament to their pivotal role in the UAE's socio-economic landscape. Their ongoing financial commitments and technological advancements ensure that the UAE remains at the forefront of global telecom innovation.
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