Nepalese fintech companies Khalti and IME Pay have signed an MoU to merge, marking the country’s first-ever digital wallet consolidation. The merged entity may be named ‘IME Khalti’ or ‘Khalti Pay.’ This move follows a regulatory change by Nepal Rastra Bank, allowing digital wallet mergers under certain conditions.
Key Takeaways: Kathmandu, Nepal – Nepal Telecom (NTC) has expanded its 4G network to remote areas in the Surkhet and Dolpa…
WorldLink Communications has launched a 3.5MW data center in Chandragiri, Kathmandu, designed to enhance cloud computing, AI, and machine learning services. The carrier-neutral facility, located near the Mata Tirtha substation, ensures a continuous power supply. This marks a significant step in improving Nepal’s digital infrastructure.
WorldLink has completed Nepal’s largest data center, “Data World,” in Chandragiri, Kathmandu. With 3.5-megawatt capacity and 520 racks, the facility is Nepal’s first tier-3 and Edge-certified green data center. It aims to improve digital infrastructure and offer data services to businesses, helping position Nepal as a global technology hub.
Nepal has seen a rapid shift towards digital payments, driven by the COVID-19 pandemic and improved mobile and internet access. The Payment System Oversight Report 2023/24 highlights significant growth in platforms like connectIPS, QR codes, and mobile banking, as traditional payment methods like cheques and cards show slower adoption.
Nepal Telecom (NTC) has lowered its call rates to India when using the 1424 access code.
The robot aims to alleviate the workload on staff by handling general inquiries and providing information about NT services.
Nepal’s telecom regulator, the NTA, has proposed revoking United Telecom Limited’s (UTL) license due to the company’s unpaid dues of Rs 7.5 billion. Despite a 15-day ultimatum, UTL has not made any payments. The NTA board will make the final decision after reviewing the matter.
Nepal Telecom has introduced its Dashain Offer 2081, providing enhanced internet speeds for FTTH customers and attractive mobile packs for both prepaid and postpaid users. The offer includes a 25 Mbps speed increase for fiber plans and upgraded mobile packages, available from Ashoj 13 to Kartik 23.
Nepal’s 4G users exceed 22 million according to the latest NTA report, despite a slight decrease from the previous month. Dominated by Nepal Telecom and Ncell, the mobile broadband market shows a robust 76.23% penetration, signaling significant digital connectivity across the country.
