Ncell 4G permit could be delayed for months

17 Jan 2017

Reports from Nepal suggest that it could still be several months before mobile operator Ncell is cleared to provide 4G LTE services. Rival firm Nepal Telecom (NT) was given the go-ahead to introduce 4G technology in December and launched a limited service at the start of this year. Ncell, however, is caught up in a row over capital gains tax which the government says must be paid before a 4G licence can be awarded. Ncell was bought by Axiata of Malaysia in April 2016 after Sweden’s Telia Company decided to exit a number of Eurasian markets, including Nepal. The Kathmandu Post writes that the government is owed around NPR23 billion (USD208 million) capital gains tax relating to the deal, and the Ministry of Finance has been instructed to collect the tax within three months.

Nepal, Ncell Axiata