UTL licence lapses, company seeks more time to clear Rs31 billion dues

The telecommunications company missed its September 4 renewal deadline after failing to pay its renewal fee and outstanding dues. The government says it must pay all dues to renew its licence.

United Telecom Limited’s telecommunications licence has legally been automatically cancelled after the company failed to pay its renewal fee and outstanding dues, but the Nepal Telecommunications Authority has yet to make a formal decision or issue a public notice confirming the cancellation.