KATHMANDU, Dec 4: The Inland Revenue Department (IRD) has started an investigation over Axiata's exit from Ncell on suspicion of possible evasion of taxes by the company.
KATHMANDU, Dec 2: The Nepal Telecommunications Authority (NTA) has asked Axiata, the parent company of Ncell, to follow legal procedures after the multinational company announced an exit from Nepal’s telecommunications sector without duly informing the government authorities concerned.
KATHMANDU, Dec 1: Malaysian telecommunications and digital conglomerate Axiata Group on Friday announced it will sell 80 percent of its stakes in Ncell to Spectrlite UK.