Nepal Telecom (Ntc) has launched its 4G network in Dhyargaun, Jajarkot, providing high-speed broadband and reliable voice services through 4G and 2G networks. This expansion is part of Ntc’s broader objective to extend 4G coverage across Nepal and pave the way for future 5G infrastructure.
Nepal Telecom (NTC) reported a 33% decline in profit for Q2 FY 2081/82, with revenue dropping by 1.4%. Customer service revenue fell slightly, while financial revenue saw a significant decrease. The government plans to increase NTC’s public share to 25%, aiming to strengthen its financial position.
Huawei is set to build a $3.5 million data center for Nepal Telecom in Kathmandu and Bhairahawa, helping modernize data handling and improve service efficiency. This facility could provide new income streams for Nepal Telecom, which has faced declining revenues. The project highlights ongoing digital transformation efforts in Nepal.
Smart Cell has launched a new Smart Centre in Kathmandu to improve customer service and provide detailed information about its products and services. The company plans to expand further with more centres, continuing its growth as Nepal’s third-largest telecom provider.
Nepal Telecom Limited (NTC) will distribute a cash bonus of NPR 55 per share to shareholders from its profits for the fiscal year 2074/75. The proposal was approved during NTC’s 11th annual general meeting, and bonuses will be disbursed through NMB Bank starting January 15.
Vianet Communication Ltd. has paid Rs 39.58 crore in RTDF and royalty fees to the Nepal Telecommunications Authority, clearing dues from fiscal year FY 2075/76. The payment facilitates the company’s license renewal process and follows NTA’s strict instructions to service providers to clear their outstanding dues.
Nepal Telecom (NT), Agriculture Development Bank Limited (ADBL), and Citizens Investment Trust (CIT) have announced dividend payouts for their shareholders. NT has proposed a 30% dividend, CIT 13%, and ADBL 10.53%. NT’s revenue decline has been attributed to reduced voice call usage due to OTT services and increased competition.
Nepal Telecom is expanding its Fiber-to-the-Home (FTTH) network in Madhesh Province, with plans to install 106 Fiber Distribution Cabinets (FDC) and provide service to 7,226 customers in FY 2081/82. The company aims to extend fiber coverage to all municipalities in the province, contributing to growing demand for fiber internet across Nepal.
Nepal Telecom has launched a new communication tower in the Palanta rural municipality of Kalikot, aiming to enhance connectivity in a previously disconnected area. The tower will provide 4G and 5G services to 10% of the population, with plans to expand coverage across surrounding municipalities, improving rural telecommunication.
Nepal Telecom (NTC) has installed 1 Gbps FTTH connections and 4G small cells at TU Cricket Ground for seamless internet connectivity during the NPL 2024. These upgrades ensure smooth media operations and uninterrupted 4G service for up to 20,000 spectators. NTC’s support enhances the fan experience at the event.
