The company has just got the license to provide mobile phone service in the country and they’re going to start the service is very soon.
My Republica reported:
Smart Telecom, which acquired the license to provide telecom services after depositing a fee of US$39,500, is a joint venture between Nepali, Singaporean and Israeli companies. Lal Sahu Distributions Limited of
Singaporehas 70 percent stake in the company, while Square Network and Gilat Satellite Networks of Israel have 20 percent and 10 percent shares, respectively. Nepal
As per the commitment expressed by the company during the time of acquiring the license, it will have to first introduce services in 398 VDCs in remote areas of western, mid-western, far-western and central regions.
There is a still a lot of room for growth in the mobile phone sector of the country as tele-density is not that high. Most people are poor and live in the rural areas and there is a very big market to catch.