NTA moves to seize UTL infrastructure following license revocation
Summary
The Nepal Telecommunications Authority has automatically revoked United Telecom Limited’s license after the company failed to renew it on time, and has moved to seize its telecom infrastructure. UTL faces more than Rs 30.81 billion in liabilities, including unpaid renewal fees, royalties, frequency fees, and penalties.
Key Points
- The Nepal Telecommunications Authority automatically revoked United Telecom Limited’s license effective September 4 after it missed the legally required renewal deadline.
- The NTA Board has decided to ask UTL to hand over its telecommunications infrastructure, systems, and networks to the authority.
- UTL’s total liabilities to the authority have risen to Rs 30.81 billion, with the largest share coming from license renewal fees.
- NTA says it will strictly recover the renewal fees and other outstanding dues from the company.
