Tag Archives: Nepal Telecom

New Nepal Telecom chief assumes office amid staff protests

Newly appointed managing director of Nepal Telecom (NT) Budhi Prasad Acharya assumed the office today despite protest from staff. The engineers in the telecom service provider have been protesting since Friday demanding to replace Acharya with a new managing director,

Nepal tops 8.78 million internet subscribers in July

Nepal had 8.78 million internet subscribers by mid-July 16, up from 8.68 million a month, while the internet penetration rate in the country grew to 33.15 per cent in July from 32.78 per cent in June, according to the latest

Nepal Telecom launches Fiber To The Home service

Nepal Telecom launched ‘Fiber to The Home’ (FTTH) today. The ‘Fiber to The Home’ technology – a high-speed broadband internet technology that offers data service to cater to the growing demand for connectivity with higher bandwidth options – uses optical

NT’s CRTB project to come into operation from November

Nepal Telecom is planning to bring the convergent real time billing (CRBT) system from November, though the telecom service provider claims that it is implementing the system phase-wise manner. Delay in completion of CRTB project has affected Nepal Telecom in

Nepal Telecommunications Authority renews Ncell mobile licence

The government renewed Ncell’s mobile licence – for the first time since the service provider received licence to operate – for the next five years. The board meeting of Nepal Telecommunications Authority has renewed the licence of Ncell mobile as

Internet bandwidth cost down‚ consumption up

The cost to internet service providers (ISPs) for internet bandwidth has declined despite significant rise in internet users. The service providers spent Rs 2.39 billion as bandwidth fees in the last fiscal year 2013-14, according to Nepal Telecommunications Authority (NTA)

Telecom equipment imports down by 18.25 per cent

The import of telecommunication equipment has dropped in the last fiscal year. The import of telecommunication equipment declined by 18.25 per cent in the last fiscal year, according to Nepal Telecommunications Authority (NTA). “The import declined due to Nepal Telecom

Ministry directs regulator to renew Nepal Telecom’s mobile licence

Ministry of Information and Communications last week directed the telecommunications regulator to renew mobile licence of Nepal Telecom without charging fee for the time being. Nepal Telecom has to pay Rs 20 billion to renew its GSM licence by May

Eight global firms apply to be Nepal Telecom consultant

Nepal Telecom has received some eight Expressions of Interest (EoI) for its consultancy service to search for a strategic partner. “Eight international firms including KPMG, Ernst & Young, Deloitte, Roger Brothers (USA), Detecon International (Germany), an Indian and Singaporean firms

Internet penetration exceeds 30 per cent

The internet base has grown to 8.15 million in mid-February from 7.89 million in mid-January, according to Nepal Telecommunications Authority (NTA). The internet penetration rate also went up to 30.70 per cent from 29.78 per cent a month earlier, it

Nepal Telecom ready for a partner

Nepal Telecom is calling for on Expression of Interest tomorrow to hire a consultant for the preparations to bring in strategic partner. The company is inviting applications from interested national and international consultants for the strategic partnership. The consultant has

Nepal Telecom posts Rs 5.55 billion net profit in first half of fiscal year

Nepal Telecom posted a net profit Rs 5.55 billion in the first half of the current fiscal year 2013-14. The profit is 0.66 per cent more compared to the same period a fiscal year ago. The Nepse-listed company’s financial statement

Nepse suspends Global IME, Commerz and Trust Bank Nepal shares trading

Nepal Stock Exchange (Nepse) today suspended stock trading of Global IME Bank and Commerz and Trust Bank Nepal as they have yesterday entered into an agreement to merge yesterday. The Nepse after getting the information of the merger between the