Ncell is a telecommunications firm that has operated in Nepal; it is not a Nepali business. Ncell was once founded as Mero Mobile Pvt. Ltd. in 2004, a joint venture between local Nepali investors and the Swedish telecommunications corporation TeliaSonera. The business changed its name to Ncell in 2008, becoming Nepal's first commercial mobile operator.
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By delivering cutting-edge mobile services including 3G and 4G networks, Ncell significantly changed Nepal's telecoms scene. It helped the economy and digital inclusion of Nepal by giving its citizens access to better communication services, internet connectivity, and mobile banking.
Ncell is owned by telia company in 2010
However, Ncell has had ownership changes over the years. TeliaSonera purchased 80% of Ncell's shares in
2010. Ncell continued to conduct business in Nepal even though it was a foreign-owned company, adhering
to local laws and making contributions to the economy through taxes and infrastructure projects.
Again, Ncell all share bought by axiata group malasia
When TeliaSonera sold its interest to Malaysian telecoms firm Axiata through its subsidiary, Axiata Investments (UK) Limited, the ownership of Ncell underwent additional changes in 2016. Another change in Ncell's ownership structure was signaled by this transaction.
Is ncell really a nepali company, conclusion
Ncell serves millions of Nepali clients and makes a significant contribution to the nation's connection and digital advancement even if it is not a Nepali company in terms of ownership. To ensure adherence to regional rules and regulations, the Nepali government is responsible for regulatory control of its operation.
In conclusion, Ncell is a telecom firm that runs in Nepal but is not owned by Nepalis. Although its ownership has changed over time, with foreign corporations now holding the bulk of the stock, it has continued to play a crucial role in the growth of Nepal's telecommunications industry.
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