Saturday, October 3rd, 2026

Finance Committee directs NTA to submit details on sale of Ncell shares within 15 days



KATHMANDU: The Finance Committee under the House of Representatives has directed the Nepal Telecommunications Authority (NTA) to submit the details with factual information within 15 days on the issues relating to sale of Ncell shares.

The Committee enquired about the issue after calling the NTA for the discussion on Wednesday.

After the discussion, Committee Chairperson Santosh Chalise mentioned that they asked the NTA to submit the details of factual information about the sale and purchase of Ncell share in written within two weeks.

In the meeting, NTA Chairperson Purushottam Khanal shared that a letter was received from the Ncell Axiata Limited, a private mobile service provider based in, that it would provide the details of sale and purchase of Ncell share soon as it was collecting documents in this regard.

“On December 1, the NTA had written to Ncell, seeking details of the sale and purchase of its shares, and received the response from the company on December 5. The process of collecting related documents is underway and it would be submitted to the respective body within the existing laws of Nepal”, he added.

Similarly, a discussion was also held in the Public Accounts Committee about the purchase and sale of Ncell stake today itself.

RSS

Publish Date : 06 December 2023 20:46 PM

Economic Digest: A Snapshot of Nepal’s Business News

KATHMANDU: Economic Digest presents a brief yet comprehensive roundup of

Alternative road to Furkekhola to close for five hours today

DHADING: Traffic movement along a key alternative route in Dhading

Elon Musk’s partner Shivon Zilis confirms sudden split

WASHINGTON DC: Neuralink executive Shivon Zilis, who shares four children

Rain and cloudy weather expected across Nepal today

KATHMANDU: Nepal is expected to experience generally cloudy conditions and

Omani co-pilot who attacked Capt Machchhar, had extremist views, spent most time in Syria: Report

DUBAI: The Omani co-pilot accused of attacking Indian pilot Captain