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Telecom sector struggles: Profit slump as OTT platforms and heavy taxes take toll

KATHMANDU: Nepal Telecom, the state-owned telecommunications giant, reported a staggering 48.67% drop in net profit for the third quarter of the current fiscal year, according to its latest financial report. The company’s net profit plummeted from NPR 5.53 billion in the same period last year to NPR 2.84 billion,...

Telecom sector struggles: Profit slump as OTT platforms and heavy taxes take toll

Genese Solution Empowers Eastern Nepal Youth with IT Training and Laptops

Nepal faces land classification delays, threatening land administration services

Nepal faces land classification delays, threatening land administration services

Dr. Bishwanath Paudel assumes role as Nepal Rastra Bank’s 18th governor

Dr. Bishwanath Paudel assumes role as Nepal Rastra Bank’s 18th governor

Newly appointed NRB governor Paudel meets Finance Minister, signals robust economic reforms

Newly appointed NRB governor Paudel meets Finance Minister, signals robust economic reforms

Ncell launches Weekly Unlimited All-Nepal Calls at Rs. 99

Ncell launches Weekly Unlimited All-Nepal Calls at Rs. 99

Bishwa Nath Paudel appointed as Nepal Rastra Bank’s 18th governor

Bishwa Nath Paudel appointed as Nepal Rastra Bank’s 18th governor

Finance Minister Paudel calls urgent meeting to recommend new central bank governor

Finance Minister Paudel calls urgent meeting to recommend new central bank governor

Nepal’s budget overhaul: federal govt halts retail projects under Rs 30 million

Nepal’s budget overhaul: federal govt halts retail projects under Rs 30 million

SEBON rejects IPO proposals of over two dozen companies over low net worth

SEBON rejects IPO proposals of over two dozen companies over low net worth

Nepal Telecom’s profit plummets 48.67pc in Q3 amid revenue decline

Nepal Telecom’s profit plummets 48.67pc in Q3 amid revenue decline

Ncell becomes first Nepali telecom to champion disability inclusion, signs GSMA principles

Ncell becomes first Nepali telecom to champion disability inclusion, signs GSMA principles

Commercial banks await Rs 16 billion in interest subsidies for concessional loans

Commercial banks await Rs 16 billion in interest subsidies for concessional loans

Nepal’s aviation reform advances: two bills to split CAAN sent to parliamentary committee

Nepal’s aviation reform advances: two bills to split CAAN sent to parliamentary committee

ADB VP Fatima Yasmin concludes Nepal visit, Pledges support for climate-resilient infrastructure

ADB VP Fatima Yasmin concludes Nepal visit, Pledges support for climate-resilient infrastructure

Ncell flash sales now offers free unlimited access to popular Social Media with attractive data packs

Ncell flash sales now offers free unlimited access to popular Social Media with attractive data packs

Why are EV piling up at Nepal’s customs? Traders face policy uncertainty

Why are EV piling up at Nepal’s customs? Traders face policy uncertainty

GSMA calls for govts to prioritise affordable spectrum costs to support global digital growth

GSMA calls for govts to prioritise affordable spectrum costs to support global digital growth

Nepal’s Sagarmatha Sambaad highlights climate crisis in mountains

Nepal’s Sagarmatha Sambaad highlights climate crisis in mountains

Nepal’s banking sector faces loan contraction despite lower interest rates

Nepal’s banking sector faces loan contraction despite lower interest rates

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