Kathmandu, Sept 7: United Telecom Limited (UTL), first private sector telecom company of the country, has acquired unified license, finally. The company had been eyeing for the permit for over last four years and the government had also decided to issue the license to the company. However; UTL had not been able to take it mainly because of its failure to comply with the government set provision to pay annual instalment of committed royalty.
The Nepal Telecommunications Authority (NTA) on April 11, 2013 had decided to issue unified license to Smart Telecom and UTL. The company was issued licence on Monday (September 5) after it paid annual instalment of Rs 204 million on Friday. Going by the government set provision, the company was supposed to pay the amount within mid-July 2016.