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How did Telecom lose Rs 2.29 billion in revenue?

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How did Telecom lose Rs 2.29 billion in revenue?

How did Telecom lose Rs 2.29 billion in revenue?How did Telecom lose Rs 2.29 billion in revenue?

Kathmandu. The revenue of Nepal Telecom Company Limited (Nepal Telecom) has decreased by more than two billion compared to last year. The company’s revenue, which earned a total of Rs 36.86 billion in the previous fiscal year, has declined by 6.2 percent this year. In the last fiscal year, the company was able to earn a total of Rs 34.57 billion. What is the reason for such a big decline in a period of one year? Telecom has issued its opinion in this regard. According to the telecom, the first reason for the decline in revenue is the revenue from all services except lease line, fiber to the home (FTTH) GSM data during the Corona epidemic.

“As the leased line is in much less use than other services of the FTTH service company, the revenue from these services has not been able to make up for the shortfall in revenue from other services,” the telecom said in a statement. 2.8 million has been reduced. In addition, the company has started calculating discounts on the sale of recharge cards from March 1, 2075, instead of commission. The commission is paid after calculating the total sales, not before the recharge card sale Telecom has stated that there is a decrease in income even though the discount will be provided.

According to the telecom, the discount amount has increased by 793.19 million in the last fiscal year as compared to the previous fiscal year. The company argues that the discount amount should be added as compared to last year and adding it will reduce the revenue by only 3.9 percent. Also, due to the Corona epidemic, international roaming and other services have also declined sharply, the telecom said. According to the company, due to the increasing use of OTT services, GSM and PSTN voice services have declined by about Rs 2.16 billion and international services by about Rs 540 million. However, revenue from data services increased by about Rs 750 million.

Due to various reasons, the revenue has declined by about 15 percent (Rs. 1.95 billion) in the corresponding period of the previous year as compared to the same period of the previous year. To support the government’s move to control the corona epidemic, the company has offered more than Rs 534 million in top-up bonuses, up to 30 per cent discount on mobile data rates, more than Rs 228.3 million and more than Rs 53 million for zero value calls.

This has also affected the company’s revenue. In addition, the company had given discounts on various services at the request of the Nepal Telecommunication Authority during the lockdown period. Similarly, the company has contributed Rs 100 million to the Corona Relief Fund established by the Government of Nepal.

Apart from this, the increase in the minimum wage rate of manpower received from external sources, increase in rent, electricity, etc. along with the Forge expansion, increase in salaries of employees, loans provided to employees, etc. have also added to the expenses and caused loss of income, the company said.

And that is the end of the topic: How did Telecom lose Rs 2.29 billion in revenue?

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Telecom

Nepal’s mobile data is 10 times more expensive than India’s

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Nepal's mobile data is 10 times more expensive than India's


Nepal’s mobile data is 10 times more expensive than India’s

 Nepal's mobile data is 10 times more expensive than India's


While users in neighboring India are using the world’s cheapest mobile data, the price of data in Nepal is about ten times more expensive. A comparative survey conducted globally by the UK alone shows a difference of about a thousand percent (955.55 percent) between the mobile data of Nepal and India.


According to the survey, the average price of a GB data package in India is only US ० 0.09 (Rs 10.66). The cheapest 30-day package there costs only 0.02 per GB (Rs 2.35).


The survey included 60 data packages from various Indian mobile service providers. In Nepal, on an average, you have to spend Rs 104.53 for 1 GB of data.


The survey, which included a total of 34 data packages from Nepali mobile service providers, found that the cheapest mobile data package cost Rs 31.92 per GB. In the Asian region, Nepal’s data is more expensive than other neighboring countries like China, Pakistan, Sri Lanka, Bangladesh, Myanmar, Vietnam, Indonesia, Mongolia, Iran.


The average price per GB of data is 0.51 in Sri Lanka, 0.57 in Vietnam, 0.61 in China and 0.64 in Indonesia. It is 0.69 in Pakistan, 0.70 in Bangladesh, 0.74 in Mongolia, 0.75 in Iran and ७ 0.78 in Myanmar.


However, in this study of 228 countries, Nepal is the 31st cheapest country. Two years ago, a survey of 230 countries ranked Nepal 45th. Nepal, which averaged Rs 256.53 per GB of data two years ago, has improved 14 places in two years. In terms of fixed line broadband internet, Nepal ranks 13th in the world in terms of cheapness. But in its speed, Nepal is far behind.


After India, in which other country is it cheaper? India is followed by Kyrgyzstan, Kazakhstan, Ukraine, Rwanda and Sudan. The average price per GB of data is 0.27 in Kyrgyzstan, 0.49 in Kazakhstan, 0.51 in Ukraine, 0.56 in Rwanda and 0.68 in Sudan.


Where is the world’s most expensive data countries?

St. Helena, Falkland, Nauru, Bermuda, Malawi is among the most expensive data countries in the world. St. Helena, ranked 228th, has the most expensive data in the world. On average, you have to spend 52.50 per GB of data, or more than Rs 6,161 at today’s exchange rate.

And that is the end of the topic: A 21-year-old Nepali youth discovered Instagram’s ‘bug’ and won a 6,000 prize

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NEA’s explanation to Ncell saying why action will not be taken on the issue of swindling Rs 122 crore from customers

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NEA's explanation to Ncell saying why action will not be taken on the issue of swindling Rs 122 crore from customers

NEA’s explanation to Ncell saying why action will not be taken on the issue of swindling Rs 122 crore from customers

NEA's explanation to Ncell saying why action will not be taken on the issue of swindling Rs 122 crore from customers

A study has shown that private mobile service provider Ncell has collected more than Rs 1.22 billion from customers in defiance of the regulatory body’s directives. Earlier, Tekpana had made public the news that various services and packs were automatically renewed without the customer’s approval and the money was refunded after the customer complained.
The study was conducted by the Nepal Telecommunications Authority on the basis of the news and complaints from customers. According to the study, Ncell has collected around Rs 1.22 billion from customers.

Chairman Purushottam Khanal informed that the Nepal Telecommunication Authority (NTAA) had written a letter to Ncell on September 5 asking why it would not take action on the basis of the study report. According to him, Ncell was initially given three days for clarification.
However, the company has demanded an extension of one week due to Covid-19. “We have asked Ncell for an explanation as to why it is not taking action. If his answer is not satisfactory, we will take action.

Earlier, as per the decision of 14 September 2075, NEA had instructed Ncell to stop the automatic renewal of value added service (VAS) on 15 September 2075. However, a study has found that the company has continued to disobey the directive for the past two years.

According to the study report, Ncell had introduced this type of service since 1974 BS. However, the study only includes data from June 2075 to April 2077.

During that period, the company has earned a total of Rs 2.22 billion through daily, three-day, weekly and monthly packs of services like Gameloft and App Gallery.

According to Section 47 (1) of the Telecommunications Act, 2053, a fine of Rs 50,000 has been imposed on the service recipients. Why not compensate the service recipients by collecting the big amount of Rs 1.22 billion? ‘The NEA has sent a letter of explanation to Ncell.

According to NEA sources, the number of customers who will automatically renew their services in three days at Ncell under Gameloft is 1.954 million. Similarly, the number of customers who renew automatically in a week is around one lakh 11 thousand.

And that is the end of the topic: NEA’s explanation to Ncell saying why action will not be taken on the issue of swindling Rs 122 crore from customers

For more articles visit: www.afnotech.com

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Telecom

Indian organization urges not to implement clean feed policy six months ago

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Indian organization urges not to implement clean feed policy six months ago


Indian organization urges not to implement clean feed policy six months ago

 Indian organization urges not to implement clean feed policy six months ago


The Indian Broadcasting Foundation (IBF), an Indian television channel, has urged the Government of Nepal not to implement the Clean Feed Policy for another six months. The IBF has written a letter urging not to apply clean feed in the current situation of Covid-19.

The IBF has sent a letter to the Secretary of the Ministry of Communications and Information Technology, Hari Prasad Basyal, urging him to postpone the implementation of the policy for six months in view of the current dire situation.

The letter said, “We understand that the Advertising (Regulation) Act of the Government of Nepal will come into force on October 26, 2076.” The world is now plagued by epidemics. There is logging in some places in India as well as Nepal. In the midst of this lockdown, six months have passed since the implementation. Therefore, we request to postpone the implementation of the policy for six months. ‘


“At present, our members are not able to go out and work with vendors, conduct technical tests and implement them,” said IBF secretary Radhakrishnan in a letter. There is no way to connect the box. ‘


But the ministry seems ignorant in this regard. Ministry Secretary Basyal said he had not received any such letter. He said, “No letter has been received from the ministry in this regard. There is no need to talk about anything without any information. ‘

 Indian organization urges not to implement clean feed policy six months ago

And that is the end of the topic: Indian organization urges not to implement clean feed policy six months ago

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