August 19, 2019 09:45 PM NPT
KATHMANDU, Aug 19: Nepal Telecommunications Authority has scrapped the license of Hello Nepal, a telecom service provider company. Authority Spokesperson, Min Prasad Aryal, said that the Authority scrapped the license after Hello Nepal failed not to pay its arrears to the Authority.
He said, 'We asked the Hello Nepal to pay Rs 70 million arrears as the first tranche till August 18. The Authority scrapped the license after it failed to pay the arrears." The Hello Nepal has to pay around 799 million arrears to the Authority. A board meeting of Authority held on August 2 had asked Hello Nepal to pay Rs 70 million arrears till August 18 and the remaining amount within three months.