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Ncell Requests Installment Plan for License Renewal

May 28, 2024
Ncell

Nepal’s leading private telecom operator, Ncell, has requested a staggered payment plan to renew its operating license. The company’s current license expires in August 2024.

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Facing a Rs 20 billion renewal fee for the next five years, Ncell has proposed an initial payment of Rs 4 billion followed by installments over the remaining period. This request comes after their competitor, Nepal Telecommunications Company (Telecom), paid its full renewal fee upfront five years ago.

Ncell cites a significant decline in Nepal’s telecommunication sector revenue as the reason behind their request. The company argues that paying the entire Rs 20 billion upfront would create a financial burden and potentially force them to shut down.

Santosh Paudel, spokesperson for the Nepal Telecommunication Authority (NTA), has confirmed receiving Ncell’s proposal for an installment plan. While the final decision lies with the Ministry of Communication, Information, and Technology, the Ministry may consult the Council of Ministers if necessary, as in previous license renewal cycles.

Aditya Chaudhary

Aditya Chaudhary is a tech reviewer, Technology enthusiast and Tech news writer at The Ditible. He has 3 years of experience as Tech writer.

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