DishHome poised to launch Nepal’s fastest fibre service; share sale plans revealed

10 Jun 2021

Nepalese pay-TV operator DishHome has informed that preparations are underway to launch a new 200Mbps fibre-to-the-home (FTTH) service, which will become be the fastest broadband package available on the market. Sudip Acharya, Managing Director of DishHome, told the publication that ‘preparations are complete’ and the new service will be available for both residential and corporate users.

TeleGeography notes that the company first launched fibre-based broadband connectivity in February 2020 under the ‘FiberNet’ name. According to its website, the network was built by Huawei and delivers maximum download speeds of up to 100Mbps. The 200Mbps upgrade has been prompted by the recent launch of Chaudhary Group-backed CG Net, which offers cut-price 120Mbps packages in selected locations – the fastest connection available to residential customers in Nepal.

In other news, DishHome has received permission from the Securities Board of Nepal (SEBON) to sell 2,385,929 shares each worth NPR100 (USD0.85) to the public. The company first floated shares in 2017.

Nepal, DishHome