KATHMANDU: Nepal Telecom (NT) has sought a stratagic partner as it is losing its ground fast to the other telecom service providers.
The company that has been paying Rs 10-billion to the national coffer annually has been witnessing a loss of 10 per cent in its profit growth rate every four months, said the telecom service provider in the sub committee meeting under the Privatisation Cell here today.
In the meeting attended by the central bank governor Dr Yubraj Khatiwada, revenue secretary Krishnahari Baskota, industry secretary Pratap Kumar Pathak, information and communication secretary Sushil Ghimire and National Planning Commission (NPC) member Dr Pushkar Bajracharya under the sub-committee’s co-ordinator and Constituent Assembly (CA) member Hari Rokka, the telecom urged to take decision soon to save it.
However, Rokka said that it needs political consensus. “The issue has to be discussed seriously,” he said, adding that the government also has to amend the law regardng the privatisation as it has been a hinderance in expansion of the company.
“NT’s case is going to be presented at the Economic and Labour Relation Committee under the Legislature-Parliament next week,” Rokka informed.
Source: www.thehimalayantimes.com
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