Nepal Telecom business plan targets 1.55m new subscribers

1 Aug 2012

State-owned national telecoms operator Nepal Doorsanchar Company Limited (Nepal Telecom, or NT) has published some details of its business plan for 2012-13, including plans to expand its customer base by 1.55 million net new users. The Himalayan Times writes that under the plan, NT intends to expand its GSM and CDMA mobile bases by 780,000 and 720,000 subscribers, respectively, while it will add 34,469 PSTN fixed lines in the current fiscal year. NT managing director Amar Nath Singh added that the carrier will also start testing WiMAX services by mid-November 2012 in a number of places, including Kathmandu and Butwal. Under the plan, the company will distribute at least 50,000 WiMAX lines this year, he added.

In terms of its GSM capacity expansion targets, NT is in the process of adding 5.2 million new lines this year and to this end, has already awarded a contract for 4.8 million new lines to ZTE of China. It will also continue with the equipment installation process of IP CDMA and will start distributing IP CDMA lines to consumers, according to Singh.

Nepal Telecom forecasts that it will earn an income of NPR36.08 billion (USD413.5 million) in the current fiscal year, equivalent to a 6.84% increase on an annualised basis. The firm’s budget for the coming year is set at NPR62.36 billion, of which NPR15.11 billion is set aside for ‘various projects’.

Nepal, Nepal Telecom (NT)