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Telecom firms skip audit because 'it is too costly'

Asset management of Smart Telecom faces delays; Ncell's 'influence' raises concerns - myRepublica - The New York Times Partner, Latest news of Nepal in English, Latest News Articles

KATHMANDU, July 13: After the revocation of Smart Telecom's license, the anticipated tender process for its asset management and license sale has hit a roadblock. Despite the government taking ownership of Smart Telecom and initiating a global tender process for its license sale, the process is yet to commence. The asset management committee, headed by Gokarna Mani Sitaula, a member of the board of directors of Nepal Telecommunication Authority (NTA), had intended to call for the tender. However, sources within the NTA indicate that the process remains stagnant.

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