Govt firm on recovering dues of Rs 8.052 billion from United Telecom Limited
Summary
The Nepal Telecommunications Authority is moving to recover more than Rs 8.052 billion in dues from United Telecom Limited after canceling its basic telephone service license. It has also announced a Rs 5.50 billion budget for FY 2026/27 and approved tariff proposals from ten service providers.
Key Points
- The Nepal Telecommunications Authority wants to recover over Rs 8.052 billion from United Telecom Limited as government arrears after UTL’s basic telephone service license was automatically canceled.
- The regulator plans to take control of UTL’s movable and immovable assets, telecom infrastructure, systems and network, and has sought to freeze bank accounts and property records.
- The NTA has announced an annual budget of Rs 5.50 billion for FY 2026/27, with most of it allocated to the Rural Telecommunication Development Fund.
- It has approved tariff proposals from ten telecom service providers and asked them to publish the new rates and effective dates.