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NTC To Regain No 1 Position

  1 min 21 sec to read

Nepal Telecom (NTC) has announced its plan to regain the number one position in GSM mobile telephone service market. The state owned operator was ousted from that position by Ncell, the private sector rival that overtook NTC in terms of the number of subscribers to the GSM mobile service.

Amar Nath Singh, Managing Director of NTC said in a press conference that NTC will regain that coveted position soon. For the company’s failure to safeguard the number one position, he blamed the lengthy procedures that the company has to follow as a state-owned enterprise while taking and implementing a business decision. Nepal government owns 91.49 percent in NTC.

Out of the NTC’s plan to distribute 1.237 million telephone lines all over Nepal by the end of this fiscal year, 500,000 lines were already distributed, by mid-November 2011, according to the company. The company also plans to increase the capacity to 10 million GSM lines. The process is already started to procure the equipment for this purpose, said Surendra Pradsad Thike, the spokesman of NTC.

The company is confident that it will achieve its set goals for the running fiscal year. According to the data made public by the company, it earned Rs 8.25 billion as sales income in the first quarter of the current fiscal year against the annual target of earning Rs 31 billion. This indicates that the annual target will be easily achieved, said Thike. The company also informed that it has replaced 212 old technology BTS towers in Kathmandu valley with new and advanced technology towers that have higher capacity and consume less power.  

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