Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]

Ncell Announces Company’s Largest Capex Investment

  1 min 55 sec to read
Ncell Announces Company’s Largest Capex Investment
Notice (8): Undefined index: caption [APP/View/Articles/view.ctp, line 241]

May 10: Ncell on May 9 announced to spend approximately USD 120 million (Rs 12 billion) for the development of telecommunications this year. This is the largest capital expenditure (capex) spend undertaken by Ncell on record.

“We will be investing around USD 120 million for the remainder of 2016. We will focus the investment in Nepal where it matters – building telecommunications infrastructure for better network and quality coverage, in our aim to serve the people of Nepal for the longer-term,” says Simon Perkins, Managing Director of Ncell.

Under the investment plan, Ncell will be expanding its network in remote and rural areas. “It will aim to bolster connectivity and create opportunities for underserved communities in those regions, aside from enhancing network capacity in cities to deliver high-speed internet,” mentions the company.

According to NCell MD Perkins, the company will aggressively deploy 3G technology in rural and remote areas. “Our plans are to set-up and establish 218 new sites to reach out to new towns and village development committees this year,” he informs, adding, “214 new sites will be built to address coverage gaps in regions where Ncell is also present. Ncell presently has quality 3G connectivity in 63 districts.”

Ncell will spend a sizable amount of investment in building earthquake resistant data centres in Kathmandu Valley. Ncell presently has data centres in Kathmandu, Pokhara, Hetauda and Biratnagar, of which data centres in Pokhara and Hetauda are containerized, and able to withstand high magnitude of earthquake and fire, enabling operations to be activated within an hour, even in worst-case scenarios.

“We are focused on building a robust network throughout the country,” Perkins mentioned, adding, “We will work closely with the regulator and the government to fulfil national goals to benefit Nepalese through the use of technology that can bring immediate and impactful results in education, health and mobile financial services.”

As per the company, Ncell is also eager to launch 4G services and has requested permission to provide 4G services in the country.

 

 

Deprecated (16384): Using key `action` is deprecated, use `url` directly instead. [CORE/Cake/View/Helper/FormHelper.php, line 383]
No comments yet. Be the first one to comment.