Telecommunication Giants......in Nepal

Nepal is growing in communication sector. We can see a notable growth in Telecommunication, for a few years now.

Although, it might not meet the Millennium Development Goals (MDGs) targeted at increasing teledensity. But, comparing telcommunication with other infrastructure development, it is growing at a greater speed, gaining popularity and quality.

At present, Nepal's total teledensity stands at near 27 per cent while the MDG targets to achieve 55 per cent teledensity in its interim plan for the year, 2010-11. though, the country's teledensity stands at 18.5 per cent the lowest in the South Asia.

Nepal Telecom is expecting a growth of 8.9 million in the next three years; currently it has 5.1 million subscribers. NTC's annual revenue is NRs 5 billion.

Ncell, part of TeliaSonera, the fifth largest telcommunication company in Europe, has 1.8 million subscribers in Nepal.

The net sale of the company is Rs 6.9 billion and investments of Rs 5.3 billion. The conpany is 2nd largest tax payer in Nepal that is at 3.2 Billion. As of March 12, 2010, Spice Nepal operates under the brand of Ncell, formerly known as Mero Mobile.