header banner
ECONOMY

ISPs warn of internet service disruption from next week as they are denied foreign currencies to pay foreign partners

KATHMANDU, April 30: Internet service provider companies have warned that the country’s internet service could be disrupted from next week as they are unable to receive adequate foreign currencies to pay for the bandwidth purchase.
By Republica

KATHMANDU, April 30: Internet service provider companies have warned that the country’s internet service could be disrupted from next week as they are unable to receive adequate foreign currencies to pay for the bandwidth purchase.


Issuing a public notice on Saturday, the Internet Service Providers’ Association of Nepal (ISPAN) said they have been facing problems getting foreign currencies for the past six months.The ISPAN said the Ministry of Communication and Information Technology has been dilly-dallying to provide recommendations for both internet service providing companies and number of television services.


Related story

Govt urges ISPs to settle outstanding tax liabilities amid inte...


“On pretext of the arrears of these companies, the ministry has stopped issuing recommendations to release the foreign currencies necessary to pay to the foreign companies,” reads the press statement.


According to ISPAN, the Supreme Court through its verdict on June 26, 2020 ordered the government authorities concerned to stop the process to recover the arrears of the internet service providers.Domestic internet service providing companies purchase bandwidth from upstream internet service providers like Tata Communications, SiFi and Airtel, among others.


 

Related Stories
ECONOMY

Counterfeit Nepali currencies rampant in bordering...

ECONOMY

ISPs not allowed to hike Internet charges: MoIC

ECONOMY

Internet prices likely to go up from mid-July

SOCIETY

No RTDF and maintenance fees charged to customers...

ECONOMY

NTA warns ISPs not to hike internet tariff