UTL licence lapses, company seeks more time to clear Rs31 billion dues
Kathmandu, Sept. 12 -- United Telecom Limited's telecommunications licence has legally been automatically cancelled after the company failed to pay its renewal fee and outstanding dues, but the Nepal Telecommunications Authority has yet to make a formal decision or issue a public notice confirming the cancellation.
UTL's licence renewal deadline expired on September 4. The NTA board of directors was supposed to take a formal decision on the matter from September 5, but as of Wednesday, the regulator said the issue was still "under process".
Min Prasad Aryal, spokesperson for the telecom regulator, told Kantipur Daily that discussions on the matter were continuing at the board level and that the process was moving forward.
A public noti...
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