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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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Update of Internet service to 5G(NTC)

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Last year MoCIT had directed Nepal Telecom to include 4 cities for a 5G trail in its 4G deal. We suppose they already made a provision on the 5G part being in line with the directives from MoCIT.  Finally, Nepal Telecom is starting a Feasibility study of 5G Technology in Big cities of Nepal soon. Telecom will test this super-fast network in Kathmandu, Pokhara, Biratnagar & Birgunj in the first phase.

Although people have started speculating the 5G network in Nepal, it seems to be a very early stage as the regular NTA had no preparations for assigning the 5G spectrum band, one of the key requirements to roll out 5G. There are beliefs that Nepal cannot afford 5G for now due to the huge investment. Similarly, some people opine that the country is not ready for 5G due to the limitation of its uses. Some even go further to say Nepal does not 5G at all for 5 years. But as people blame telecom companies to bring 4G late here in Nepal, it is high time that we start discussing 5G. The time has come for the whole telecom industry in Nepal including telecom companies, vendors and the regulator prepare well in advance for the 5G network, including the allocation of 5G spectrum band.
In the present time, many mobile phones are launch with the support feature of the fastest internet service which is 5G in Nepal also. So, to use the feature of 5G Nepal telecom bring the 5G service in it. At first, it tries in 4 cities then it boosts its service all the cities of Nepal.

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Telecom

Telecom has introduced Forge WiFi, which can be used for up to Rs 11 per GB

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Nepal Telecom, a state-owned telecommunications company, has launched Forge Wireless Home Broadband service. The company has launched Forge Wireless Home Broadband service on Thursday as Forge WiFi on the occasion of its 17th anniversary.

The service has been brought across the country, said Dilliram Adhikari, managing director of the company. Forge customers across the country who do not have the company’s FTTH and ADSL services and use a lot of data via wireless will be able to use this service. Forge wireless home broadband can be used at cheap rates through this service using CPE (Customer Premises Equipment).

Currently, the service is available at Rs 900 per month for 60 GB, Rs 1,500 for 120 GB and Rs 9,600 for 720 GB and Rs 16,000 for 1440 GB. It costs Rs 11.11 per GB of data for a package of Rs 16,000.

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Telecom

Free mobile data for everyone to use the Citizen app

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The mobile data that will be spent while using the citizen app made public by the government as a test will be free. The Ministry of Communications and Information Technology has taken forward the necessary process to provide the required data for the app free of cost.

The ministry has also formed a separate committee to take necessary initiatives for free mobile data. Ministry sources have informed that the details of the server have also been provided to Nepal Telecom for this.

Also, as Ncell’s system has already been integrated in the citizen app, there is no technical problem in making the data free. Discussions have also moved forward with the service providers to make arrangements for no charge for mobile data while running the citizen app.

If this feature is started, the mobile data required to use the services available in the citizen app will be available free of cost. However, to download the app, you have to go to Google and Apple’s system, so it will be charged.

A source close to the ministry told Tekpana that there was no charge for running the app after it was downloaded, although it was not immediately clear when it would be launched.

Nepal Telecom has already started the necessary homework for this. After completing the technical preparations, the telco is expected to provide free data for the citizen app by next week.

Ncell has responded that data for the app can only be made available for free for a certain month. Due to which, the discussions with Ncell have not reached a conclusion yet, said a ministry source.

The third-largest mobile service provider, Smart Cell, has not commented on the issue. Smart Telecom, which has not been able to join the citizen app, has not been given priority due to its small number of users.

Such an effort has been taken forward with the objective of establishing easy access of all citizens to the Citizen app. However, Nepal Telecom does not charge data on mobiles when using government websites connected to .gov.np.

But now for government apps, the company has been charging data at a regular rate. The government aims to provide all possible government services through this app.

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