Ncell

Retail Asia11/02/2019

Axiata Group Bhd’s share price fell 4.87% at mid-day after the group and its majority owned subsidiary Ncell Pte Ltd were ordered by the Nepal Supreme Court to pay capital gains tax of 61 billion Nepalese rupees (RM2.16 billion) for the Ncell buyout deal. At 12.30pm, Axiata was the eighth loser on Bursa Malaysia, trading […]

Retail Asia05/07/2017

Nepal’s Ncell Axiata has contracted ZTE to provide network virrtualization technologies for a new virtual subscriber data management (vSDM) platform. The operator’s vSDM platform will use advanced virtualization, advanced distributed architecture, hierarchical storage, multi-level protection and cloud technologies, ZTE said. Ncell is conducting the project in a bid to establish a more intelligent and flexible telecoms […]

Retail Asia06/06/2017

Nepal’s Ncell has announced the launch of 4G services, despite reports that the company is to have its 4G license withheld due to a tax dispute. In a statement, Ncell said it has launched 4G in Kathmandu, Nagarkot, Banepa and Dhulikhel, and has set a target of rolling out 4G to 15% of the country […]

Retail Asia01/06/2017

The Nepal Telecommunications Authority (NTA) has backtracked on its decision to grant Ncell a 4G license in response to a directive from the parliamentary Public Accounts Committee (PAC). The committee recently directed the regulator to prevent Ncell from launching 4G services until an ongoing dispute over capital gains tax is settled. The NTA has announced […]

Retail Asia10/05/2017

The Nepal Telecommunications Authority (NTA) has cleared operator Ncell to launch 4G services over its existing 900-MHz and 1800-MHz spectrum holdings, paving the way for the operator to compete with Nepal Telecom. The telecoms regulator has informed Ncell it is clear to launch 4G services using its spectrum holdings from June 1. But the move […]

Retail Asia12/04/2016

Malaysia-based Axiata Group has entered the Nepal telecoms market with the acquisition of the nation’s largest mobile operator Ncell. Axiata has paid $1.36 billion for an effective 80% stake in Ncell from previous owners TeliaSonera UTA Holdings and Reynolds Holdings’ SEA Telecom Investments. Local partner Sunivera Capital Ventures will retain a 20% direct stake in […]

Tag: Ncell

Axiata’s share price falls 4.87% on RM2.16b tax bill

Ncell taps ZTE for network virtualization

Ncell launches 4G despite PAC directive

Ncell’s 4G license to be withheld

Nepal Telecom Authority clears Ncell to launch 4G services

Axiata Group buys Nepal’s Ncell for $1.36b