Nepal Telecom Authority Makes Key Decisions on UTL, Ncell, and 5G
Summary
Nepal Telecommunications Authority has revoked United Telecom Limited’s license, directed Ncell to submit an asset transfer plan, and moved ahead with 5G roadmap and spectrum bidding plans. It has also approved funding for flood and landslide relief and set new tariffs and license renewals for telecom and internet providers.
Key Points
- The Nepal Telecommunications Authority revoked UTL’s basic telephone service license and began steps to recover more than Rs 8.5022 billion in government arrears.
- Ncell has been instructed to submit an asset transfer plan before its 25-year license expires.
- The authority approved the RFA for bidding on the 800 MHz band and formed a sub-committee to finalize Nepal’s 5G Roadmap.
- It also approved a Rs 150 million contribution to the Prime Minister's Disaster Relief Fund and an annual budget of over Rs 5.50 billion for the current fiscal year.
