Probe committee formed to investigate sale of shares of Ncell submits report Committee Coordinator Tanka Mani Sharma Dangal submitted the report in the presence of Minister for Communications and Information Technology, Rekha Sharma. Business 29 Jan, 2024
Government forms panel to probe sale of Ncell shares, considering procedure unusual: PM Dahal Prime Minister Pushpa Kamal Dahal 'Prachanda' has said the government considers the sale of Ncell shares as unusual. Kathmandu 19 Dec, 2023
High-level committee begins probe into Ncell's share sale row The high-level committee, formed to investigate the matter concerning the sale of Ncell shares, has formally commenced its probe starting from Sunday. Business 10 Dec, 2023
Patan High Court orders not to recognize sale of Ncell shares A single bench of High Court Judge Purushottam Prasad Dhakal handed down the order today. Kathmandu 07 Dec, 2023
Finance Committee directs NTA to submit details on sale of Ncell shares within 15 days The Finance Committee under the parliament has directed the Nepal Telecommunications Authority (NTA) to submit factual details within 15 days regarding the issues related to the sale of Ncell shares. Business 06 Dec, 2023
Nepali investors make millions from opaque share deals KATHMANDU, JANUARY 9 A handful of Nepali investors have made fortunes buying and selling Ncell shares using funds which appear to have flowed covertly to them via tax havens from the Malaysian telecom giant, Axiata, and Sweden’s Telia. Some... Travel 10 Jan, 2021
20 per cent local stake in Ncell needs to be probed KATHMANDU, JANUARY 9 The controversy surrounding share transactions of Ncell seems to have gotten murkier, with a new investigation finding that even the 20 per cent shares owned by Nepali investors involve shady deals and that the government needs... Travel 10 Jan, 2021
�TeliaSonera a sham company� Kathmandu, February 6 The Supreme Court bench quashed three other petitions filed by Devendra Prasad Nhuchhe Pradhan on behalf of Reynolds Holdings Limited, Ambar Bahadur Thapa on behalf of Ncell and a PIL filed by advocate Bhavesh... 07 Feb, 2019
Axiata appoints British citizen Simon Perkins as Ncell MD Kathmandu, April 12 Malaysia-based telecom giant Axiata, the new owner of Ncell, has appointed Simon Perkins as the managing director of Nepal’s largest private cell phone service provider. “Perkins was appointed by the board of Axiata as... 13 Apr, 2016
TeliaSonera sells Ncell stake for Rs 109 bn Kathmandu, April 11 Nepal has witnessed the biggest ever takeover deal in its history, with Axiata, the Malaysia-based telecom giant, acquiring 60.4 per cent stake in Ncell, the country’s largest private cell phone service provider, for $1.03... 12 Apr, 2016
Getting to the crux of Ncell buyout deal Kathmandu, February 16 Can Nepal impose capital gains tax on Ncell buyout deal? This question has been making rounds ever since TeliaSonera, the largest shareholder in Nepali telecom operator, Ncell, announced its decision to sell 60.4 per... 17 Feb, 2016
Can Nepal make money from Ncell buyout deal? The government should not hesitate from collecting the tax because Ncell’s valuation had soared as hundreds of thousands of Nepalis purchased their services -Minendra Rijal, former information and communication minister Kathmandu, February... 03 Feb, 2016
